Golden Boy Buys Stake in Office Building

Boxer Oscar de la Hoya’s Golden Boy Enterprises has purchased controlling interest in a downtown Los Angeles office building for $16 million.

Golden Boy bought majority ownership of 626 Wilshire Blvd. from Barker Pacific Group, which will keep a minority share. Golden Boy will move its offices there from the nearby U.S. Bank Tower.

Christopher Rising of Rising Real Estate Group also bought a minority share of the 12-story, 148,721-square-foot building at the southeast corner of Wilshire and Hope Street. It is more than 80% leased.