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Richard Riordan
Once-lively Westwood office tower purchased by New York investors
Once-lively Westwood office tower purchased by New York investors

Murdock Plaza, a prominent Westwood office building on Wilshire Boulevard, has been purchased by New York real estate company Tishman Speyer for a reported $125 million. The brick-clad 17-story building at the intersection of Wilshire and Westwood boulevards was built in 1981 by billionaire David Murdock, the former owner of Dole Food Co. For decades the tower at 10900 Wilshire Blvd. was considered a prime address for white-collar businesses. Former Los Angeles Mayor Richard Riordan has his offices there, as does department store heir and media mogul Ted Field, chairman of Radar Pictures. But the building lost tenants after the last recession and is now less than 50% leased,...

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