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Home Commercial Carolwood to Acquire the 920,000 SQFT EY Plaza for $130MM in Downtown LA Deal
CommercialFinanceIndustry NewsLos Angeles

Carolwood to Acquire the 920,000 SQFT EY Plaza for $130MM in Downtown LA Deal

May 5, 20253 Mins read1.9k
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Carolwood is set to buy the distressed EY Plaza in downtown Los Angeles for $130 million, closing in June. This acquisition reflects a major discount in a struggling office market and highlights Brookfield's financial difficulties. The deal could indicate a potential recovery for prime downtown properties amid ongoing challenges.

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