The five-story, 77,100-sf office and retail building at ThirdStreet and Broadway, was built in the 1890s and was renovatedextensively by Bradbury Associates, a partnership includingBurbank-based Shamrock Holdings of California Inc. as the majorinvestor and the late Ira Yellin as general partner. Shamrock isthe investment arm of the Roy E. Disney family, and Yellin was aprominent longtime Los Angeles developer known as a pioneer inDowntown L.A. revitalization projects.

Bruce Stein of Shamrock Holdings represented the seller in thetransaction. William Stevenson of Downtown L.A.-based WilliamStevenson & Associates represented the buyer. Terms of the salewere not disclosed.

The Bradbury Building was designed by George Wyman, a draftsmanchosen by mining magnate Lewis Bradbury, after he rejected the planof a prominent Los Angeles architect. It features a five-storycentral atrium capped with a glass skylight, open cage elevatorsand staircases that feature ornate, French-style iron work, Mexicantile floors and pale brick and wood paneled walls.

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