Belief that the smaller office tenant has a better sense of identity in a low-rise building than a soaring tower has prompted the Tishman West Management Corp. to fill that need.
Ground has been broken on the five-story, 134,600-square-foot Westwood Terrace Building on the southeast corner of Sepulveda Boulevard and Massachusetts Avenue in West Los Angeles. The $16-million building is scheduled for occupancy in January, 1988.
Perry S. Herst Jr., company president, said that "our development of architecturally distinctive low-rise buildings offers the smaller tenant a sense of identity and importance that is usually afforded only to the larger space users.
"The old real estate adage of location, location, location certainly applies in this instance, by reason of the building's proximity to the San Diego Freeway and the business communities of Century City and Westwood."
The building, designed by the architectural firm of Dworsky Associates, will feature stepped-back, landscaped terraces and aggregate precast concrete panels, trimmed with green tile. The contractor is C.L. Peck.