Via the LA Conservancy comes word that USC wants to kick their Cold War-era registration building to the curb. Designed by USC grads Thornton Ladd and John Kelsey in 1963, the two-story, steel, post and beam structure—nicknamed Red Square—was originally built to serve as the university's Research Institute on Communist Strategy and Propaganda. While the asking price is nowhere to be found in the property's offering memo (pdf), the fact sheet notes that prospective buyers must submit offers by February 28, 2014, and that the successful bidder will be responsible for relocating the 5,050-square-foot building off campus by April 30. However, "property relocation assistance of $25,000 is available to a qualified buyer."
· Offering Memorandum: Sale and Relocation of the Existing USC Registration Building [Jones Lang LaSalle]