In

February

2017,

the

University

of

Southern

California

acquired

Doheny

Eye

Institute

(DEI),

a

148,247-square-foot

medical

office

building

owned

by

UCLA

at

1450

San

Pablo

Street

on

the

USC

Health

Sciences

Campus

in

Los

Angeles,

for

$112,000,000.

KWP

represented

UCLA

in

the

transaction

along

with

colleagues

at

Charles

Dunn

Company.

USC

was

the

sole

tenant

in

the

building,

which

is

home

to

world-class

clinical

practices

for

Keck

Medicine

of

USC,

as

well

as

groundbreaking

research

for

the

Keck

School

of

Medicine

of

USC.

That,

in

conjunction

with

the

building’s

location

in

the

center

of

USC’s

Health

Sciences

Campus,

made

it

an

important

acquisition

for

the

university.

DEI

was

affiliated

with

USC

for

four

decades

until

2012,

when

the

university

ended

the

relationship

and

signed

a

99-year

agreement

the

following

year

tying

it

to

UCLA.

The

sale

of

1450

San

Pablo

Street

ultimately

resolved

legal

disputes

between

the

two

parties.