It’s one of the most unassuming buildings in one of the world’s most well-known cities: a simple white office building that houses something very important.
It gently hovers over the end of Wilshire Blvd in Los Angeles, with lettering that reads: “One Wilshire”.
nope, not that big one. the smaller one, off to the right
Many law firms and normal offices are in the building. So what makes it so special?
The building is one of the three leading communications properties in the world, said Shannon, who represented the seller. The other two main hubs are 60 Hudson Street in New York City and Telehouse in London.
Among the telecom tenants are Verizon Communications, Sirius XM Radio, China Telecom and data center provider CoreSite Realty Corp.
It basically houses the internet for the entire Pacific Rim. If the internet is a series of tubes, this is Grand Central Station.
all your porn goes through here
Billions of phone calls, emails and Internet pages pass through One Wilshire every week because it is the primary terminus for major fiber-optic cable routes between Asia and North America.
It was just sold for $437.5 million, making it the most expensive building in Los Angeles (and worth 2 times per square foot what the US Bank Building is worth, the tallest building on the West Coast).
While it holds no real symbolic value like the World Trade Center or similar buildings, it holds an untold amount of economic value.
Of course, security is tight and it’s earthquake-protected. Because if this thing goes down–LA gets thrown back to the Stone Age.