Posts Tagged ‘Downtown’
Office tea leaves: lease downtown, default on outskirts and half-price deal in Malibu
We had news from across the geographic spectrum of the Los Angeles office world, with significant deals ranging from downtown to its outskirts and all the way west to Malibu. And it wasn’t all distress, so let’s start with the good news. ...
Downtown L.A. wants San Francisco’s pop-up secret to get shoppers back
As much of downtown L.A. continues to feel dark and deserted, local businesses want the city to steal San Francisco’s secret for firing up foot traffic.The tech mecca has slowly begun to emerge from one of the country’s deepest declines in...
SteelWave Sells Downtown Los Angeles Offices to LA Metro
The latest office building sale in downtown Los Angeles is a bright spot in one of the country’s hardest-hit commercial real estate markets in the post-pandemic years. L.A. Metro bought the 106,004-square-foot office building at 500 South Sa...
Banc of California set to change L.A. skyline with downtown expansion
Banc of California will raise its profile in downtown Los Angeles by putting its name on top of a skyscraper and nearly doubling the size of its offices. The Los Angeles bank’s expansion comes at a time when downtown office landlords have be...
Banc of California Expands with Downtown L.A. Office Lease
Banc of California’s name will soon loom over downtown Los Angeles. The financial institution, one of the biggest banks in California, has signed an 11-year lease for 40,000 square feet at 865 South Figueroa Street, CoStar reported. The buil...
Cathay Bank Sues Downtown L.A. Landlord for Loan Default
Cathay Bank sued the owner of a Downtown Los Angeles commercial property, claiming the landlord defaulted on a $31 million loan. The lender alleges that a Laeroc Partners affiliate, the borrower and owner of 530 West 6th Street in the Financia...
Graffiti-tarnished towers in downtown L.A. remain in limbo
Early last year, vandals breached fencing, climbed dozens of flights of stairs and painted bold, colorful graffiti on the exterior of three unfinished high-rises that make up the abandoned Oceanwide Plaza development.The so-called Graffiti Tow...
