Tishman acquired the property in 1998 and acted in a number of roles including as owner, asset manager and hotel operator. Upon purchasing the property, Tishman converted the former Continental Plaza into the 572-room Four Points Los Angeles International Airport Hotel after an extensive renovation process. The conversion included a full renovation, rebranding and repositioning of the 365,000-square-foot property. The renovation finished under budget and was completed ahead of schedule. The hotel is located less than one mile from the Los Angeles International Airport and offers 15,000 square feet of meeting space along with multiple food & beverage outlets. After nearly a decade of ownership, Tishman sold the property in 2007.