The Bloc Office and Retail Come Up for Sale in DTLA

Cushman & Wakefield is marketing for sale the office and retail components of The Bloc, a 1.4-million-square-foot mixed-use complex in Downtown Los Angeles. The offering includes 730,000 square feet of office, 420,000... Read more »

European Flexible Workspace Provider Enters U.S. Market with DTLA Location

infinitSpace, a Europe-based flexible workspace provider and technology platform, announced its entry into the U.S. through a long-term partnership for 612 S. Broadway in Downtown Los Angeles. The company’s first U.S. location,... Read more »
Sale of Oceanwide Plaza in DTLA Clears Hurdle with Bankruptcy Court Approval

Sale of Oceanwide Plaza in DTLA Clears Hurdle with Bankruptcy Court Approval

Los Angeles Mayor Karen Bass said Tuesday that graffiti removal and blight abatement will now begin following a confirmation hearing earlier Tuesday for the sale of Oceanwide Plaza. The hearing followed Monday’s... Read more »
PwC Plans Relocation from DTLA to Century City in 2028

PwC Plans Relocation from DTLA to Century City in 2028

Longtime Downtown Los Angeles office tenant PwC is relocating to Century City. The Los Angeles Times reported that the accounting and professional services firm has signed a 15-year lease to occupy 150,000... Read more »
Jamison, Kennedy Wilson Plot Affordable Housing in DTLA

Jamison, Kennedy Wilson Plot Affordable Housing in DTLA

Jamison and Kennedy Wilson’s plans for the affordable housing conversion of the former World Trade Center complex in downtown Los Angeles are coming into focus. On Monday, the locally based firms unveiled... Read more »
DTLA Sees Lots of Office Deals

DTLA Sees Lots of Office Deals

It was a DTLA week — so, let’s take it from the top.  Northwind announced it made a $132 million first-mortgage acquisition note to back 601W’s purchase of Wells Fargo Center’s North... Read more »
601W Acquires 1.4M-SF DTLA Office Tower at Steep Discount

601W Acquires 1.4M-SF DTLA Office Tower at Steep Discount

Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, originated a $132-million first-mortgage acquisition loan secured by 333 S. Grand Ave., a 55-story, Class A office tower totaling... Read more »
Stream Realty Expands SoCal Presence with New DTLA Office

Stream Realty Expands SoCal Presence with New DTLA Office

Stream Realty Partners has opened an office in downtown Los Angeles, marking a significant expansion of the firm’s presence across Southern California. The expansion is further strengthened by the addition of a... Read more »
Downtown Breakfast Club Highlights People, Places and Projects Shaping DTLA

Downtown Breakfast Club Highlights People, Places and Projects Shaping DTLA

The Downtown Breakfast Club announced the winners of its 44th Annual Roses & Lemon Awards, held at the Millennium Biltmore Hotel, Crystal Ballroom. The longstanding tradition celebrates the people, places and projects... Read more »
Cerberus DTLA Office Faces Foreclosure

Cerberus DTLA Office Faces Foreclosure

Cerberus Capital Management’s Wedbush Center in downtown Los Angeles faces foreclosure after a debt default.  The alternative investment outfit owes about $135 million on its office tower on Wilshire Boulevard, according to... Read more »