5055 Wilshire Boulevard

5055 Wilshire Boulevard
Los Angeles, California

Property Address:
5055 Wilshire Blvd.,
Los Angeles, CA 90036

182,000-square-foot office and ground floor retail 600-space parking garage.

The project was originally developed by the Carnation Company in 1948 as its headquarters. BPG and its partner, USAA, acquired the property from Carnation when the company moved to Glendale, CA in 1991. After Carnation's vacancy, the building was completely gutted and rebuilt to first-class standards. Renovations included the addition of 50,000 square feet of office space. BPG procured BPI Communications (Hollywood Reporter) as the lead tenant and quickly leased up the project. The project was sold in 1993.