Santa Monica Clock Tower sells at a steep discount

The historic Santa Monica Clock Tower sold for $28.5 million to an entity tied to the Mani Brothers, down 51% from the $58 million paid in 2019 due…

The historic Santa Monica Clock Tower sold for $28.5 million to an entity tied to the Mani Brothers, down 51% from the $58 million paid in 2019 due to the building's receivership and high office vacancy rates.