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Home AEC Douglas Emmett Bets on Adaptive Reuse With 323-Unit Conversion of Westwood’s Murdock Plaza
AECFinanceIndustry NewsLos AngelesResidential

Douglas Emmett Bets on Adaptive Reuse With 323-Unit Conversion of Westwood’s Murdock Plaza

May 22, 20263 Mins read1k
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Los Angeles Aerial Wilshire Blvd Condos and Apartments
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The Santa Monica REIT files plans to turn a 17-story Wilshire Boulevard office tower it acquired out of distress into apartments, pairing the conversion with new ground-up construction. Douglas Emmett is making one of the Westside's boldest bets that the answer to a glutted office market is to stop leasing space and start renting bedrooms. […]

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