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Sheppard Mullin Signs DTLA’s Largest New Office Lease of 2023
CIM Group executed a long-term lease with international law firm Sheppard Mullin to bring its headquarters to City National 2CAL. The deal for 119,217 square feet reportedly is the largest new office lease transaction in Downtown Los Angeles in 2023.
Sheppard Mullin, one of the largest law firms in Los Angeles County, will occupy floors 39 through 42 and approximately 7,000 square feet on the Plaza level at City National 2CAL, CIM Group’s 1.4-million-square-foot, 52-story office building at 350 S. Grand Ave. in the Bunker Hill District of DTLA. The law firm will relocate more than 450 Los Angeles employees to the property in mid-2025.
“This record lease for 2023 with a top-tier and respected organization such as Sheppard Mullin is an indication that a well-positioned, quality office asset remains an attractive location option for businesses,” said Shaul Kuba, co-founder and principal, CIM Group. “CIM Group continues to enhance the working and socializing environment at City National 2CAL both through our operations and property improvements to maintain a competitive position in the Downtown Los Angeles office market.”
CIM Group’s office leasing team in partnership with JLL represented ownership. CBRE represented Sheppard Mullin.
- ◦Lease
