The tower was completed in 1984 by Hathaway Dinwiddie, was designed by Skidmore, Owings & Merrill, and contains 820,000 sq ft (76,000 m2) of office space.

French conglomerate Vivendi Universal sold the building to CarrAmerica Realty Corporation and Beacon Capital Partners in 2003, for $190 million.

[7] On October 3, 2013, it was reported by the Los Angeles Times that NBCUniversal's parent company Comcast Corporation had purchased the building for about $420 million.

Ever since NBCUniversal was founded in August 2004, the building has also been home to the company's Cable Entertainment properties including USA Network, Syfy, E!

Entertainment, Esquire Network, Bravo, Oxygen, Universal Cable Productions, and Wilshire Studios.