Brookfield Signs Another Major DTLA Lease
CBRE Global Investors signed a long-term lease for 32,000 square feet at Brookfield Properties’ Figueroa at Wilshire in DTLA. The asset investment management firm is relocating its HQ from nearby City National Plaza.
CBRE Global Investors’ Andrew Glanzman says, “This decision marks the culmination of more than three years of work in which we evaluated our current office, gathered input from our employees about work patterns and how they use space, assessed our options in the Los Angeles market and, most importantly, weighed how our real estate decisions could best support our business objectives.”
The lease commitment at the more than one-million-square-foot, 50-story office tower follows recent deals with Preferred Bank (37,000 square feet) and Seyfarth Shaw (58,000 square feet). Convene also plans to open modern conference and fitness facilities at the property.
CBRE’s R. Todd Doney represented the tenant, while the landlord was represented in-house by Marin Turney, Ian Gilbert and John Barganski.
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