Trizec Properties Inc., which already owned 25% of Ernst & Young Plaza, acquired the remaining 75% from Whitehall Street Real Estate Limited Partnership VII, a private real estate investment fund managed by Goldman Sachs & Co. Total consideration for the investment deal was $149.8 million. Trizec completed the acquisition through a reinvestment of profits from the sale of Perimeter Woods in Charlotte, NC. Ernst & Young Plaza is a 41-story, 915,316-square-foot class-A office tower located at 725 South Figueroa St. in downtown Los Angeles. The property features such amenities as California Pizza Kitchen, a fully equipped Gold's Gym, and a wide variety of mall retailers. With this acquisition, Trizec significantly advances its strategy of increasing investments in primary markets while reducing investments in secondary markets.