LOS ANGELES -- Equitable Life Assurance Society of the United States said Union Bank has renewed its lease for 10 years at Union Bank Square in downtown Los Angeles in a deal valued at more than $65 million.

In a press release, Equitable Life said it and NLI Properties Inc. own Union Bank Square. An Equitable unit manages the property.

Union Bank is about 76% owned by Bank of Tokyo Ltd.

The briefs were compiled from staff and wire reports.

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