LOS ANGELES — Lincoln Property Company has completed its renovation of 800 Wilshire, a 226,797-square-foot office tower in Downtown Los Angeles. The 16-story tower is located at 800 Wilshire Blvd.
Lincoln acquired the property with its joint venture partner Angelo, Gordon & Co. in 2013. Since then, the company established a new tenant base, upgraded common areas to cater to creative office users, improved the aesthetics of the building and recruited new retailers on the ground floor. Occupancy rose from 65 percent to 95 percent, according to Lincoln.
The tower was originally built in 1972. It was last renovated in 2004.
Cross Campus recently signed on at 800 Wilshire, as did 800 Degrees Pizza, which now occupies some of the ground-floor retail space.
The JV sold the property to Onni Group last month for about $80 million. Marc Renard of Cushman & Wakefield’s Capital Market Group executed the transaction.