High-rise commercial buildings

Sub Markets

Property Sectors

Topics

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

New call-to-action
California  + Los Angeles  + Office  | 

New York Bank Establishes First West Coast Office in Century City

Watt Companies’ Watt Plaza in Century City has signed a 10-year lease agreement with Esquire Bank, a commercial bank serving the legal industry and small businesses. The 3,800-square-foot ground-floor location at the corner of Century Park East and Constellation Boulevard will be the New York-based bank’s first West Coast office and is expected to open in early 2025.

Earlier this year, Esquire Bank announced its plan to establish a branch in Southern California in order to service its existing customer base and expand its reach on the West Coast. “We are confident that our partnership with Watt Plaza will enable us to forge lasting relationships and make a meaningful impact in this important region,”” said Andrew C. Sagliocca, CEO and president of Esquire Bank and its parent holding company, Esquire Financial Holdings, Inc.

Added Kathy McKay, VP of leasing at Watt Plaza, “Esquire Bank’s decision to establish its presence here speaks volumes about the quality of our building and amenities, as well as our outstanding location in Century City. We look forward to a successful partnership and growth in Los Angeles for Esquire Bank.”

Connect

Inside The Story

Watt Companies' McKay

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

  • ◦Lease
New call-to-action
New call-to-action
New call-to-action