DT Creative Office Trades Hands

LOS ANGELES—West Washington Properties has sold a 12-story, 186,000-square-foot creative office building to an unnamed private investor for $19 million. Located at 155 W. Washington Blvd. in Downtown Los Angeles, the property is 97% leased to a mix of more than 50 creative tenants.

“This is the seller’s only asset in Downtown Los Angeles, and one of the few they have in L.A. County. He had other projects and new buildings that he was acquiring that he wanted to move the money to,” John Anthony, senior managing director at Charles Dunn Co., tells GlobeSt.com. Anthony represented the sellers in the transaction along with his Charles Dunn colleague Christopher Steck. Emil Golub of Fortune Investments represented the buyer.