[calcowgirl]

The PDF linked below is the sales brochure for the properties

11 Office Properties
7.3 Million Sq Ft
20 year sale/leaseback portfolio
3 California markets (L.A., S.F., Sac)

Sheesh - they sold the S.F. Civic Center, The RR Building, and other PRIMO real estate that was near new or recently refurbed. They keep moving further and further toward bankruptcy with their idiotic decisions, saddling the state with future recurring expenses.

http://marketing.cbre.com/Denver/PMC/GoldenState/GSPBRO.pdf

[Carry_Okie]

LOL, great minds. Build the debt on the backs of the public selling an attractive depravity, cash in on the resulting financial desperation when they sell cheap, and leave them holding the bag for the interest.