Buyer: Speaker Properties / Private Investor

Seller: The Ebel Trust / Speaker Properties

Representation: 78,000 RSF

Sale Price: $11,250,000 / $16,000,000

Close Date: January 2000 / March 2001

Submarket: Westwood

Marketing Time: Off-Market

Comments:

• Premiere location on 405 freeway and Santa Monica Boulevard
• New owner performed extensive re-development and re-lease