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LOS ANGELES—Archway Holdings Corp. has sold 9033 Wilshire Blvd. in Beverly Hills for $75.05 million or $1,500 per square foot to an affiliate of UBS Affiliated. The sale is the latest example of post-recession success, or rather success for those investors who took major risk during the downturn to see it pay off in strides today. Archway purchased the property in 2008 for $500 per square foot, and invested $10 million into renovating and stabilizing the asset. Now, it has sold for the highest pure office price on the West Coast.

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