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California  + Los Angeles  + Office  | 

Tishman Speyer Trades Beverly Hills Offices to Kilroy for $205M

Tishman Speyer has sold Maple Plaza, a 293,000-square-foot Class A office campus at 345 N. Maple Dr. in Beverly Hills, to Kilroy Realty Corporation for $205.3 million. For Kilroy, it’s the first acquisition in Beverly Hills; for Tishman Speyer, the sale completes a trio of dispositions in the submarket in just over a year.

“The acquisition of Maple Plaza in the highly sought-after and supply-constrained Beverly Hills submarket represents a unique opportunity to enter one of the most vibrant commercial neighborhoods in Los Angeles at a substantial discount to estimated replacement cost,” said Angela Aman, CEO of Kilroy.

Tishman Speyer paid $101 million for Maple Plaza in 2005. Its sale follows the August 2024 disposition of 407 N. Maple Dr. for $119.7 million and the divestiture of 9242 Beverly for $90 million last December.

“Our successful exit from this trio of Beverly Hills properties after two decades of stewardship is a testament to Tishman Speyer’s ability to create value for our investors,” said Tishman Speyer senior managing director Ryan Botjer.

Stephen Somer and Brooke Silver with CBRE represented Tishman Speyer in the Maple Plaza sale.

Read More News Stories About: Tishman Speyer
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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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