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The value of this Los Angeles office tower has dropped as anchor tenant exits

Appraisal of 1000 Wilshire cut to fraction of 2018 price
Occupancy at 1000 Wilshire slid to 67% by the end of 2024, ahead of the exit of its largest tenant, Wedbush Securities. (CoStar)
Occupancy at 1000 Wilshire slid to 67% by the end of 2024, ahead of the exit of its largest tenant, Wedbush Securities. (CoStar)
CoStar News
August 13, 2025 | 9:06 P.M.

The office tower at 1000 Wilshire in one of downtown Los Angeles’ busiest commercial corridors was once considered a steady trophy in the city’s office market. Today, it’s become a case study in how quickly fortunes can shift.

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