The Six Hundred Wilshire property is composed of threebuildings: a 16-story office tower at 600 Wilshire Blvd., anattached two-story retail annex at 601-609 W. 7th St. and anadjacent three-story building at 611 W. 7th St. The deal wasexecuted through the West Los Angeles office of Boston-based Beaconand the Long Beach office of Foster City-based Legacy Partners,with Beacon representing itself and Legacy represented by the JonesLang LaSalle team of David Doupé, Lawrence Krasner and CheriPierce.

Doupé tells GlobeSt.com that the deal worked out to the benefitof both buyer and seller in that Legacy had added value to theproperty by increasing occupancy by approximately 20%, but thecurrent occupancy level of 78% leaves ample room for Beacon to addto that value. Jones Lang LaSalle was the leasing agent for Legacyand has retained the listing under the new ownership, with JohnMcAniff and Tim Miller as the leasing agents.

Legacy repositioned the property as "a prime CBD FinancialDistrict office building for mid-size users," notes Doupé. He saysthe new owners hope to boost occupancy beyond 90% within ayear.