LOS ANGELES-According to a published report from Real EstateFinancing Intelligence, Lincoln Properties hasagreed to buy Wedbush Center in downtown L.A. for$130 million or $283 per square foot.
The seller of 1000 Wilshire Blvd. is a partnership between NewYork-based Broadway Partners and LehmanBrothers. Broadway Partners acquired the property back in2007 in a 24-office building portfolio purchase from Boston-basedBeacon Capital Partners LLC, as GlobeSt.compreviously reported.
GlobeSt.com could not obtain further information on the deal atthis time, and JLL, who is reportedly brokering the deal says theycannot provide GlobeSt.com with a comment at this time, but we willupdate the story as more information becomes available. To see thefull article, click here.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
