Buyer: Carpenter’s Pension Fund

Seller: CB Richard Ellis, Inc.

Representation: 77,000 RSF

Sale Price: $7,700,000

Close Date: November 1999

Submarket: Downtown Los Angeles

Marketing Time: Off-Market

Comments:

• Former CB Richard Ellis Corporate Headquarters
• Sold to user with very specific needs for identity
• Property was not listed for sale
• Transaction was off-market with no other brokers involved