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Brookfield sells subterranean shopping center in downtown LA's latest deal

JH Real Estate Partners acquires Target-anchored FIGat7th
The FIGat7th shopping center sits between two office towers and a residential tower in downtown Los Angeles' Financial District. (CoStar)
The FIGat7th shopping center sits between two office towers and a residential tower in downtown Los Angeles' Financial District. (CoStar)

One of downtown Los Angeles' best-known shopping centers is beginning a new chapter after it sold to an ownership group that's betting on the struggling neighborhood's comeback.

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