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$22.7 Million Acquisition of Los Angeles Office Building

Represented Ocean West Capital Properties in the $22.7 million acquisition of a 76,000-square-foot office building located at 4525 Wilshire Boulevard in Los Angeles. The seller was an LLC connected to the CEO of The Korea Times, a daily Korean-language newspaper that occupies 47,653 square feet in the building. In connection with the transaction, we also represented Ocean West in a joint venture with Walton Street Capital, L.L.C.