The new buyer of the 56-year-old Procopio Tower on B Street fits a pattern of high-net-worth individuals moving into the downtown San Diego market as larger organizations and real estate investment firms continue to exit or avoid the embattled region altogether.

Last week, JAJ Pacific Investment LLC purchased the 22-story office building at 525 B St. for $46 million from a limited liability company linked to LaSalle Investment Management, property records show. JAJ Pacific Investment is a newly formed entity affiliated with businessman Min Xia.

There is little publicly available info on Xia, who owns a home in Rancho Santa Fe. Last year, his limited liability company, Fair Ranch Xia LLC, purchased the downtown Los Angeles office skyscraper at 777 South Figueroa St., according to public r

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