9000 Wilshire Blvd. in Beverly Hills, Calif., marks the Skanska’s first mission within the Los Angeles area. Picture courtesy of Skanska
Skanska has bought an workplace constructing in Beverly Hills, Calif., for about $71 million. A Europe-based firm acquired the asset, 9000 Wilshire.
Standing 4 tales tall, the workplace constructing is 50,148 sq. ft, in keeping with CommercialEdge information. It features a rooftop terrace and 4 subgrade parking ranges.
Skanska initially broke floor on 9000 Wilshire in 2020. It was the corporate’s first mission within the Los Angeles space.
Accomplished in 2023, the workplace constructing is about to grow to be the primary new LEED Platinum workplace asset in Beverly Hills. It has attained a WiredScore Platinum certification and a two-star Fitwell certification. The identical information reveals that tenants of 9000 Wilshire embody Farmers Insurance coverage and Lazy Daisy Café.
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Downtown Los Angeles is roughly 11 miles from the workplace asset with eating, retail and leisure choices. Tenants have entry to plenty of retailers in Beverly Hills together with a Complete Meals Market, The Cheesecake Manufacturing unit, Il Pastaio and Saks Fifth Avenue. The notable road, Rodeo Drive, is lower than a mile away.
Skanska’s busy 12 months
All year long, Skanska has been extremely energetic all through many markets nationwide. Earlier in the summertime, the corporate signed a deal to develop an roughly 398,000-square-foot analysis heart in Boston. The mixed-use mission is value $311 million and is anticipated to finish in September 2026.
Skanska additionally topped out an workplace tower in Bellevue, Wash., this 12 months. The Class A workplace house totals 541,00 sq. ft and is slated to finish in March of 2024. It stands 25 tales tall and can embody a standalone 1,000-square-foot mass timber retail pavilion.
