8942 Wilshire

Beverly Hills, CA

Address:

8942 Wilshire Boulevard, Beverly Hills, CA 90211

Market:

Los Angeles - Westside

Building Size:

83,000 SF

Asset Class:

Multi-Tenant Office

Date Acquired:

October 2015

Date Sold:

March 2019

Status:

Sold


Property Description

At the time of acquisition in 2015, 8942 Wilshire was an 82,886 square-foot, trophy-quality, vacant office building located in one of the most prestigious areas of Beverly Hills, California under a 71-year ground lease. It had been home to Columbia Savings, ICM Talent Agency, and Fox Interactive. After acquiring the asset in 2015, Ocean West was able to acquire the ground lease to consolidate the fee-simple interest, and fully lease the building to Paradigm, one of the largest talent agencies in the world.

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