LOS ANGELES-Murdock Plaza, a 17-story, 228,540-sf office toweron Wilshire Boulevard in the heart of Westwood, has changed handsfor $130 million or $569 per sf. Sumitomo Life Realty Inc. of NewYork sells the 94%-occupied building to Wilshire Westwood PlazaLLC, a private Los Angeles investment group. The land beneath thebuilding continues to be owned by two local private trusts.

Situated at the intersection of Wilshire and Westwoodboulevards, the circa-1980 brick-skinned building was developed bybillionaire investor David Murdock of Dole Foods, who still keepsan office in the building. Designed by Langdon Wilson, the buildingis well known as the home of the prestigious Regency Club, whichoccupies the top two floors, and many of its members.

The building's tenants include Eli Broad and the BroadFoundation; Castle & Cooke; Mapleton Investments; former MayorRichard Riordan/the Riordan Foundation and Riordan, Lewis &Haden; Wachovia Securities; Spyglass Entertainment; the executivesearch firm Spencer Stuart; Radar Pictures; Union Bank; andComerica Bank.