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Douglas Emmett Acquires Westside Office Tower for $111M

Complicated Bankruptcy Purchase of 310,000-Sq-Ft Wilshire Bundy Plaza Took A Year
CoStar News
November 3, 2010 | 11:00 P.M.

Santa Monica-based Douglas Emmett, Inc. (NYSE: DEI) has closed the acquisition of Wilshire Bundy Plaza, a 310,000-square-foot office building in the Brentwood submarket of Los Angeles, from Namco Capital Group Inc. for $111 million, or $358 per square foot.

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