4525 Wilshire

Los Angeles, CA

Address:

4525 Wilshire Boulevard, Los Angeles, CA 90010

Market:

Los Angeles - Westside

Building Size:

76,000 SF

Asset Class:

Multi-Tenant Office

Date Acquired:

March 2016

Date Sold:

March 2019

Status:

Sold


Property Description

Prior to Ocean West’s acquisition in 2016, 4525 Wilshire was the headquarters of the Korean Times. After acquiring the property, Ocean West transformed the building through a $6M redevelopment and repositioning program, featuring cutting edge architecture by renowned architect Rapt Studio. The redevelopment program featured an exterior building transformation, stylish lobby and corridor renovation, and the inclusion of indoor/outdoor collaborative space.  After completing the renovation, the property was leased to a variety of tenants and then sold.

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