|
|
9/19/25
|
Kilroy Realty Corporation has purchased Maple Plaza, a 290k sf, Class A office property in Beverly Hills, for $205.3 mil, or $707/sf. The property was sold by Tishman Speyer and is the third in a trio of similar dispositions in Southern California’s iconic Beverly Hills market by the firm in just over a year’s time.
Located at 345 North Maple Drive in the heart of Beverly Hills, Maple Plaza features flexible and efficient floor plates, a full-service fitness center with yoga studio, electric vehicle charging stations, and views of the Hollywood Hills. The property benefits from its proximity to Santa Monica Blvd, the legendary Beverly Hills sign and Rodeo Drive, which features many of the city’s finest dining and retail options.
Tishman Speyer originally acquired Maple Plaza in 2005 for $101 mil, and subsequently secured leases with a wide variety of entertainment, financial services, and lifestyle customers, as well as with retailers Goop Kitchen and Cafe Ruisseau.
Last August, Tishman Speyer sold 407 North Maple Drive to Fashion Nova for $119.7 mil, after originally acquiring the property in September 2005 for $71.9 mil. In December, Tishman Speyer sold 9242 Beverly to Envision and Faring for $90 mil, after acquiring it in 2005 for $38 mil.
Tishman Speyer continues to maintain an active presence in Southern California, with a wide range of office, residential and industrial properties in its existing portfolio and development pipeline. The company owns and operates a number of office campuses in Los Angeles, including The Brickyard and The Collective. It is currently developing the Santa Monica Collection, which will encompass more than 600 rental apartments, and Bake Freeway Business Park, a new industrial complex. Tishman Speyer has also developed and acquired multiple life science buildings in San Diego through its Breakthrough Properties joint venture.
|
|
 Return to the Archive page
|
|
|
|
|
Printer-friendly Version
Email an Associate
