Story thread · 2 reports / 2 sources

Port buys Oceangate office tower in $36 million deal to lure companies back to a struggling downtown

lbpost.com · 5dShare

Hoping to share some of its economic fortunes, the Port of Long Beach is buying a 13-story office tower as part of a city effort to revitalize a downtown core facing some of the highest commercial vacancies in recent history. The post Port buys Oceangate office tower in $36 million deal to lure companies back to a struggling downtown appeared first on Long Beach Post .

First report: Port of Long Beach buys downtown office tower as vacancies surge — latimes.com, 6d