ASU Expands into DTLA’s Historic Herald Examiner Building
Tempe, AZ-based Arizona State University signed a lease to open a downtown Los Angeles campus in the historic Herald Examiner building on Broadway at 11th Street. The university plans to occupy 80,000 square feet of office space in the long-closed five-story former newspaper building built by media mogul William Randolph Hearst.
The facility will feature open floor plans, which can be used for classes, community events and other programs. It will house students from ASU’s journalism school, as well as the Herberger Institute and other programs. The move is part of an ambitious multiple-discipline expansion by ASU, which also has locations in Santa Monica, Washington, D.C., as well as in China, Vietnam, Mexico City and Dubai.
New York-based Georgetown Co. owns the building with the Hearst Corp. and Santa Monica-based Main Street Advisors, an investment partnership that includes LeBron James and former Gov. Arnold Schwarzenegger. An affiliate of ASU will also be part-owner through the lease transaction.
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