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Beverly Hills Real Estate

The Truth About BIG Wave: Mervyn's HQ joins default parade

LaSalle Bank, now owned by Bank of America, has placed the building into receivership in a move to wrest control of the 336000-square-foot complex from its owner, Beverly Hills-based realty investor North 3 Holdings LLC. … “It is a tremendous asset,” said John Connolly, the Larkspur based receiver who is handling the sale of the building. “It is a headquarters type facility that somebody could occupy tomorrow.” Holliday Fenoglio Fowler, the realty brokerage marketing …

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