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WEST LOS ANGELES, CA-Jamison Properties has acquired the West Wilshire Medical Center located at 11600 Wilshire Blvd., the first office building on the Westside to be acquired by Jamison founder Dr. David Lee, whose Los Angeles-based company owns most of the office space in the Mid-Wilshire District.

Bob Safai of Madison Partners tells GlobeSt.com that Jamison bought the 54,341-sf, five-story office and medical building for $13.85 million from Lowe Northwest Investor Properties LLC. Safai, who represented both the buyer and the seller, says the center was 97% occupied at the time of the sale. The steel frame building was constructed in 1969 and fully renovated in 1998.

Lee owns a portfolio of about $300 million in real estate holdings and is by far the largest office landlord in the city’s Mid-Wilshire district, where he owns more than 90% of the major office buildings. He acquired the Mid-Wilshire properties at about $40 to $50 per sf when they were vacant or largely empty, then filled them with tenants, bringing occupancy to well over 90% in his portfolio. Earlier this year, he bought his first downtown Los Angeles office holding, the historic Banco Popular building at 354 S. Spring St.

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