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Crown Castle, based in Houston, said the sale would help it pay debt and focus on the tower market in the United States.
Tower Market had several small businesses, Cobery recalled.
Caron lived at 203 W. Elk Ave . and passed by the Tower Market on his way to and from school.
When Art Cobery drives along Central Avenue and passes the old Tower Market on Central and Vine Street in Glendale, he thinks back to the days of his youth.
Similar(56)
The shorter tower, marketed as Tower Two at One Rincon Hill, was completed in 2014 and reaches a height of 541 feet (165 m) with 50 stories.
The Spruce Street tower is marketed "New York by Gehry", making both city and architect into a commercial brand.
Schnitzer West, a Seattle developer, brought two office towers to market after the real estate collapse and struggled to find tenants.
The approach is common outside the United States where the tower was marketed more heavily and was meant to spur sales of the smallest units, which are the most likely to be purchased as rental property investments by foreigners.
Though the international economic crisis has raged like a sandstorm through Dubai's office towers, financial markets and construction sites, a January visit found the sprawling restaurant scene remarkably intact.
HSBC operated a bank branch in the building for a time, but put the tower on the market in 2004.
Apple made as much as $257 million from Netflix this way in 2018, according to estimates by Sensor Tower, a San Francisco-based market research firm.
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