5. Universal City Plaza
Sale price: $304.8 million
Size: 774,240 square feet
Location: Universal City, Calif.
When the Hancock Tower stumbled, so did Universal City Plaza. Sold together as part of a portfolio of foreclosed holdings last March, the property became one of the more high-profile casualties of the Southern California commercial real estate market since the start of the recession. Home to a number of media and entertainment companies, including NBC Universal and Universal Music, the 36-story building and surrounding land is now jointly owned by a pair of East Coast distressed investment firms.
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