| I. Physical Description
|
UCLA
Wilshire Center Office Building |
|
1. Building
Area: |
295,376 Rentable Square
Feet |
|
Floors: |
17 |
|
Typical
Floor Area: |
17,650 RSF |
|
2. Land
Area: |
1.21 acres (52,839 sf) |
|
3. Parking
Spaces: |
577 |
|
4. Year
Built: |
1981 |
|
5.
Structure: |
|
|
Foundation/Garage: |
Reinforced Concrete |
|
Superstructure: |
Steel Frame |
|
6. Seismic
Rating (UC) |
Fair - Good |
|
|
II. Occupancy (as
of 1/1/01)
|
100% |
|
|
| III. Core Staffing
|
|
|
UCLA
Employees
(Office of the Building):
|
4
Full Time Employees |
|
Contract
Employees
(Day Porters, Security,
and Engineers, Parking):
|
38
Full Time Employees |
|
|
| IV. Project Background
|
|
| The University acquired the Wilshire Center
building in March 1993, in order to achieve the following long-term
objectives:
|
|
1. Control
off-campus space occupancy costs
2. Consolidate administrative areas and gain operating efficiencies
3. Vacate
unacceptable leased facilities with code (seismic, fire safety, hazardous
materials, ADA) and operational deficiencies
4. Reduce future
on-campus construction requirements for administrative space
|
|
|
|
As of July 1, 1998, the building was 99%
occupied and fulfilled the goals of the acquisition. Building lease terms
are favorable relative to the rental rates and terms currently offered by
comparable office buildings. All major Campus administrative units have
located to or have a significant presence at the Wilshire Center building.
|
