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Douglas Emmett Company

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CALIFORNIA | LOCAL
July 17, 1998 | GEORGE WHITE, TIMES STAFF WRITER
Sherman Oaks Galleria, famous as the former hangout of shopaholic Valley Girls is involved in a legal dispute between its owner and Robinsons-May, its largest tenant. The two sides are bickering over who is to blame for an exodus of merchants that has turned the San Fernando Valley's shopping mecca of the 1980s into a sea of empty storefronts.
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BUSINESS
October 24, 2000 | BRAD BERTON, SPECIAL TO THE TIMES
Douglas Emmett & Co., which manages Southland commercial real estate investments on behalf of various institutions, has quietly acquired four more local office buildings for more than $115 million. Company leaders declined to discuss their activities, but Los Angeles County real estate records indicate Douglas Emmett recently purchased two towers in Encino, another in Brentwood and the four-story office building at 808 Wilshire Blvd. in Santa Monica, where the company is headquartered.
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BUSINESS
November 19, 1997 | BRAD BERTON, SPECIAL TO THE TIMES
A client of locally based Douglas Emmett Realty Advisors is acquiring the 17-story Wilshire Landmark II tower in Brentwood for between $125 million and $130 million, continuing the noteworthy recent string of Westside office building sales, sources familiar with the deal said. The sale of the 373,000-square-foot high-rise, expected to close this week, is the latest acquisition involving a high-profile office building in the fast-recovering Westside market.
BUSINESS
February 13, 1999 | BRAD BERTON, SPECIAL TO THE TIMES
One of Southern California's most desirable office buildings, 100 Wilshire in Santa Monica, is being purchased by Brentwood-based Douglas Emmett Realty Advisors for an estimated $90 million, The Times has learned. The sale by Asahi Urban Development is believed to be one of the few cases in which Japanese owners of trophy properties purchased at the peak of the 1980s real estate boom in California have received more for a building than they paid for it.
BUSINESS
October 24, 2000 | BRAD BERTON, SPECIAL TO THE TIMES
Douglas Emmett & Co., which manages Southland commercial real estate investments on behalf of various institutions, has quietly acquired four more local office buildings for more than $115 million. Company leaders declined to discuss their activities, but Los Angeles County real estate records indicate Douglas Emmett recently purchased two towers in Encino, another in Brentwood and the four-story office building at 808 Wilshire Blvd. in Santa Monica, where the company is headquartered.
BUSINESS
February 27, 1998 | Bob Howard
Brentwood-based Douglas Emmett & Co. has acquired the 712-unit Barrington Plaza in West Los Angeles, one of the largest apartment complexes in Los Angeles County, for approximately $100 million. The Barrington Plaza complex, which includes three apartment towers plus approximately 50,000 square feet of retail shops and office space, occupies a full block along Wilshire Boulevard between Barrington and Stoner avenues.
BUSINESS
February 13, 1999 | BRAD BERTON, SPECIAL TO THE TIMES
One of Southern California's most desirable office buildings, 100 Wilshire in Santa Monica, is being purchased by Brentwood-based Douglas Emmett Realty Advisors for an estimated $90 million, The Times has learned. The sale by Asahi Urban Development is believed to be one of the few cases in which Japanese owners of trophy properties purchased at the peak of the 1980s real estate boom in California have received more for a building than they paid for it.
BUSINESS
December 27, 1996 | Times Staff and Wire Reports
An investment fund advised by Douglas Emmett, a Westwood-based real estate investment firm, has purchased the 1-million-square-foot MGM Plaza office complex in Santa Monica for about $220 million, sources said. Douglas Emmett acquired the complex after extensive negotiations with Los Angeles-based Maguire Thomas Partners, which acquired the building in partnership with IBM Corp. and the property's mortgage lender, Chase Manhattan Bank, in 1988.
BUSINESS
July 7, 1998 | BRAD BERTON, SPECIAL TO THE TIMES
Privately held Douglas Emmett Realty Advisors has acquired the 10-story Imperial Bank Tower in Beverly Hills' so-called Golden Triangle as the Brentwood-based firm continues its buying spree while real estate investment trusts take a breather.
CALIFORNIA | LOCAL
July 17, 1998 | GEORGE WHITE, TIMES STAFF WRITER
Sherman Oaks Galleria, famous as the former hangout of shopaholic Valley Girls is involved in a legal dispute between its owner and Robinsons-May, its largest tenant. The two sides are bickering over who is to blame for an exodus of merchants that has turned the San Fernando Valley's shopping mecca of the 1980s into a sea of empty storefronts.
BUSINESS
July 7, 1998 | BRAD BERTON, SPECIAL TO THE TIMES
Privately held Douglas Emmett Realty Advisors has acquired the 10-story Imperial Bank Tower in Beverly Hills' so-called Golden Triangle as the Brentwood-based firm continues its buying spree while real estate investment trusts take a breather.
BUSINESS
February 27, 1998 | Bob Howard
Brentwood-based Douglas Emmett & Co. has acquired the 712-unit Barrington Plaza in West Los Angeles, one of the largest apartment complexes in Los Angeles County, for approximately $100 million. The Barrington Plaza complex, which includes three apartment towers plus approximately 50,000 square feet of retail shops and office space, occupies a full block along Wilshire Boulevard between Barrington and Stoner avenues.
BUSINESS
November 19, 1997 | BRAD BERTON, SPECIAL TO THE TIMES
A client of locally based Douglas Emmett Realty Advisors is acquiring the 17-story Wilshire Landmark II tower in Brentwood for between $125 million and $130 million, continuing the noteworthy recent string of Westside office building sales, sources familiar with the deal said. The sale of the 373,000-square-foot high-rise, expected to close this week, is the latest acquisition involving a high-profile office building in the fast-recovering Westside market.
BUSINESS
December 27, 1996 | Times Staff and Wire Reports
An investment fund advised by Douglas Emmett, a Westwood-based real estate investment firm, has purchased the 1-million-square-foot MGM Plaza office complex in Santa Monica for about $220 million, sources said. Douglas Emmett acquired the complex after extensive negotiations with Los Angeles-based Maguire Thomas Partners, which acquired the building in partnership with IBM Corp. and the property's mortgage lender, Chase Manhattan Bank, in 1988.
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