Gas Company Tower
Brookfield’s Downtown LA Empire Crumbles as 1.4MM SQFT Bank of America Plaza Debt Hits Market
Latest distressed offering signals deepening crisis in nation’s most troubled office market Another trophy tower in Brookfield Asset Management’s downtown Los Angeles portfolio...
Colliers Lands $275MM EY Plaza Downtown LA Tower Loan Listing as Office Market Seeks Bottom
The commercial real estate giant’s exclusive listing of EY Plaza’s distressed loan signals potential opportunities amid market downturn Colliers has secured what could...
Rising Realty Partners Defaults on $300MM One California Plaza in Downtown Los Angeles Receivership
The towering glass facade of One California Plaza once symbolized downtown Los Angeles’s aspirations as a thriving business hub. Today, the 42-story office...
JLL Closes $200MM Sale of The Gas Company Tower in Downtown Los Angeles
LOS ANGELES, Dec. 10, 2024 – JLL Capital Markets announced today that it has completed the $200 million sale of The Gas Company Tower, a 1.3...
County of Los Angeles to Acquire Gas Company Tower for $200MM Plus $5MM in Closing Costs
In a move to modernize its real estate portfolio, the County of Los Angeles is set to acquire the iconic Gas Company Tower,...
SoCalGas to Relocate HQ from Gas Company Tower in Major Downtown LA Lease Deal
Southern California Gas Co. (SoCalGas) is set to move from its longtime home at the Gas Company Tower in downtown Los Angeles after...
Irvine Purchases 57,300 SQFT Building for $13MM to House City Agencies
The City of Irvine has made a real estate acquisition by purchasing a 57,300-square-foot office building for $13 million. The newly acquired property,...
LA County Makes $215MM Power Play for Downtown LA’s Iconic 1.4MM SQFT Gas Company Tower
In a move that could reshape the landscape of downtown Los Angeles, the county is making an offer to acquire the Gas Company...
LA County Considering ~$200MM Acquisition of Gas Company Tower in Downtown Los Angeles
The Gas Company Tower, a once-glittering trophy asset in the heart of Downtown Los Angeles, is now the center of a possible acquisition...
Report: Brookfield to Sell Downtown LA’s 777 Tower for $120MM
In a sign of the times for the office real estate market, Downtown Los Angeles’ iconic 777 Tower is poised to change hands...
Brookfield Asset Management $400MM Loan Transferred to Special Server
By Lilly Riddle The Bank of America Plaza, a symbol of Los Angeles’ financial district, is facing challenges as its owner, Brookfield Asset...
City of Los Angeles Eyeing Gas Company Tower for Acquisition
Los Angeles’ iconic Gas Company Tower may soon have a new landlord with deep pockets – the City of Los Angeles. The uncertainty...
