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This Week s LA Deal Sheet (May 5, 2021)

The U.S. Bank Tower in Downtown LA’s Financial District will get a $60M revamp that will modernize the lobby and create a 54th-floor tenant lounge with meeting spaces and panoramic views, Silverstein Properties announced. The project aims to upgrade and reposition the 73-story tower. Courtesy of Silverstein Properties U.S. Bank Tower The makeover will also include removing the building’s Skyslide attraction, a transparent slide that went between two of the top floors at the tower, the Los Angeles Times reported. Silverstein Executive Vice President Jeremy Moss told the Times that tenants didn’t like having the attraction. The Skyslide opened in 2016. Silverstein Properties acquired the U.S. Bank Tower in September, paying $430M. 

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