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    CIM Commercial Trust is set to purchase The Union Bank of California Building in Beverly Hills, Calif. The 97,000-square-foot asset has not changed hands for more than 40 years.

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    Cushman & Wakefield research shows the city has replaced London’s West End as the most expensive to accommodate staff.

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    The 169,542-square-foot mission critical facility is 100 percent leased to the United States General Services Administration on behalf of the FBI.

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