233 LINKEDINCOMMENTMORE

JACKSONVILLE, Fla. (AP) - Jacksonville's tallest building has a new owner.

The $88 million sale of the downtown Bank of America Tower to California investors was announced Friday.

The 42-story building was completed in 1990 and last sold for $74.7 million in 1999.

The Florida Times-Union reports the building is 69 percent occupied.

Read or Share this story: http://www.firstcoastnews.com/story/news/local/2014/07/13/jacksonvilles-tallest-building-sold-88m/12592293/