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California  + Los Angeles  + Office  | 

Banc of California Expands DTLA Presence, Signs 40K-SF Lease

Banc of California, a wholly owned subsidiary of Banc of California Inc., has inked an 11-year office lease in Downtown Los Angeles for 40,000 square feet, which includes signage rights on the building’s north and south sides. The new office is located at Manulife US REIT’s 865 S. Figueroa St.

“We moved our headquarters to Los Angeles two years ago because we believe in this city and in the power of the entrepreneurs and businesses that call it home,” said Jared Wolff, chairman and CEO of Banc of California. “California is the fourth-largest economy in the world, and the Los Angeles area is one of its largest drivers. Expanding our presence in downtown demonstrates how committed we are to serving the greater LA market and how proud we are to be part of this community.”

Jonathan Dezzutti, Jacob Bobek and Blake Mirkin of CBRE represented Banc of California.

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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).

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