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South Korean Retailer Takes 52K SF in DTLA for HQ, New Concept Market
PK Retail Holdings signed a lease for a new, 51,692-square-foot mixed-use headquarters and retail complex at 7th & Olive in Downtown Los Angeles. The South Korea-based retailer will take the first through third floors at 712 South Olive St., which will serve as its U.S. HQ.
A new concept called PK Market will debut on the ground and second floors, including a reimagined retail food market with multiple highly-curated food and beverage offerings.
The 101-year-old Jewelry District property features 169,000 square feet of office and retail space with exposed brick, 13-foot ceilings, a rooftop penthouse jewel box exclusive to an office tenant, and subterranean basement parking with EV charging stations. It was originally built in 1917 as home to the Ville de Paris department store.
Cushman & Wakefield’s Mike Condon, Jr., Pete Collins, Kelli Snyder, and Brianna Demus represented the landlord, while Matthew Fainchtein, Carter Magnin, and James Chung advised the tenant.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Lease




