BEVERLY HILLS, CA-Tishman Speyer has added to its Beverly Hills office portfolio with the acquisition of the 45,000-square-foot Live Nation Entertainment headquarters office building at 9348 Civic Center Dr. The property, which Tishman Speyer acquired in a direct deal between buyer and seller, is next to another building that Tishman Speyer bought this year.

The 9348 Civic Center Dr. building is known locally as the “Ice House” because it was built as an ice house in 1925 and later converted and renovated to feature creative modern office space. The building that it is next to is the former Hilton Hotels Corp. headquarters property that Tishman Speyer acquired earlier this year and that the firm is now renovating.

In that deal, Tishman Speyer acquired two four-story class A buildings, totaling 185,000 square feet, became available in 2009 when the hotel company moved its corporate offices to Virginia.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.