Larry Silverstein (through Silverstein Properties) bought the U.S. Bank Tower in Los Angeles in 2020, with the acquisition announced in July 2020 and the deal formally closing in mid‑September 2020.

Quick Scoop: When Did Larry Silverstein Buy the U.S. Bank Tower?

Key Dates at a Glance

  • Initial purchase announcement: July 20, 2020.
  • Official closing of the deal: Around September 16, 2020.
  • Purchase price: About 430 million dollars for the 1.4 million square foot tower.

In simple terms, when people ask “when did Larry Silverstein buy the U.S. Bank Tower,” they’re usually referring to 2020, especially late summer to early fall, when the deal went from announcement to completion.

Mini Timeline Story

  • In July 2020, it was publicly reported that Larry Silverstein’s firm, Silverstein Properties, had agreed to purchase the U.S. Bank Tower from Singapore-based OUE Ltd.
  • The office market was under heavy pressure because of the pandemic, and the tower reportedly sold at a significant discount from its earlier valuation, which made the timing of the deal a talking point in real estate circles.
  • By mid‑September 2020, Silverstein Properties officially closed on the acquisition, confirming the tower as part of its portfolio and highlighting confidence in the future of Downtown Los Angeles.

In other words: announced in July 2020, closed in September 2020 — that’s when Larry Silverstein effectively bought the U.S. Bank Tower.

Quick Fact Bullets

  • Buyer: Silverstein Properties, chaired by Larry A. Silverstein.
  • Asset: U.S. Bank Tower, downtown Los Angeles, second tallest building in the city.
  • Purchase year: 2020 (announcement July, closing September).
  • Price: Approximately 430 million dollars.

Why It’s a Trending/Forum-Worthy Topic

Real estate and urban development forums still revisit this deal because:

  1. It was a major “pandemic-era” skyscraper sale, with pricing affected by COVID‑19 office market uncertainty.
  1. Silverstein’s quote about believing in the future of Downtown Los Angeles is often cited in discussions about the city’s recovery and office-to-experience‑space transformations.
  1. Subsequent renovations (about 60 million dollars in upgrades) turned the building into a kind of case study in repositioning older trophy office towers.

SEO Notes (for your post)

You can naturally weave in phrases like:

  • “when did larry silverstein buy the us bank tower”
  • “latest news” about U.S. Bank Tower upgrades and downtown LA recovery
  • “forum discussion” on pandemic office deals and discounts
  • “trending topic” in commercial real estate and skyscraper investment

Example meta description (under 160 characters):
Larry Silverstein bought LA’s U.S. Bank Tower in 2020, with the deal announced in July and closed in mid‑September, amid pandemic-era real estate turmoil.

TL;DR: Larry Silverstein bought the U.S. Bank Tower in 2020—announced July 20, 2020, and officially closed around September 16, 2020.

Information gathered from public forums or data available on the internet and portrayed here.