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Lincoln Completes Transformation of 1000 Wilshire Office Tower in Downtown L.A.'s Financial District; Sells to Cerberus

Mar 05, 2018 - Business Wire

Lincoln Property Company has completed a multimillion-dollar renovation of the Wedbush Center, an iconic 21-story office tower located at 1000 Wilshire in the heart of downtown Los Angeles' financial district, and sold it to Cerberus Capital Management.

Since acquiring the property in 2012 on behalf of a pension fund client, Lincoln implemented sizable upgrades, including adding a new restaurant-known as the Harbor House-to the building's lobby. The full-service restaurant includes a bar a...