X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LOS ANGELES-A U.S. Bankruptcy Court judge has approved the sale of the Wilshire Bundy Plaza for $111 million. The 12121 Wilshire Blvd. office building was sold to Douglas Emmett Inc., a Santa Monica real estate investment trust, with the deal expected to close within a month.

The building was put up for sale due to the bankruptcy of Ezri Namvar and his realty firm and is the biggest office sale in the Los Angeles County this year. For the full story, go to Los Angeles Business Journal.


GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.