An investment group organized by Louis Dreyfus Property Group purchased Riviera Plaza in 1998. The building has approximately 53,143 rentable square feet of office space and 91,000 square feet leased to Don Rasmussen Mercedes Benz for retail and service space.

A number of major renovations have been under way since late 1999, including upgrades to the HVAC, fire and life safety, elevators and electrical systems. The penthouse has been expended by almost 10,000 square feet, bringing it to the size of the average floor plate. In addition, the entire exterior will have hew window glazing and spandrel panels. Renovation is expected to be completed in summer 2000.

Riviera Plaza was sold in 2002.