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Union Bank Plaza

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MSCI Real Assets, Los Angeles, distressed troubled commercial real estate assets
CommercialFeaturedIndustry NewsLos Angeles

Greater Los Angeles Office Vacancy Edges Higher as Sublease Retreat and Rent Growth Signal Stabilizing Market

Colliers Q1 2026 data shows occupancy losses narrowing sharply across the region’s 210 million square feet of tracked inventory, with diversifying tenant demand...

Los Angeles, JLL, Beverly Hills, West Hollywood, Santa Monica, Studio City, Hollywood, Malibu
CommercialIndustry NewsLeasingLos Angeles

On Location LA Leases 108,000 SQFT at Downtown LA’s Union Bank Plaza Ahead of 2028 Olympics

he experiential hospitality firm’s new location comes as Downtown Los Angeles grapples with one of the highest availability rates among LA submarkets. On...

AIDS Healthcare Foundation, Skid Row, Skid Row Housing Trust, Skid Row, Los Angeles, Los Angeles City Council
CommercialFinanceIndustry NewsLos Angeles

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...

venti-views-Xx6zJlBGN-Y-unsplash-Los Angeles
CommercialIndustry NewsLos AngelesNews Releases

The Sentinel Firm Takes Full-Floor, 20,459 SQFT Lease at 707 Wilshire in LA

Los Angeles – August 25, 2025 – CBRE has arranged a full-floor lease totaling 20,459 square feet at 707 Wilshire Blvd. in Downtown Los...

Downtown Los Angeles at Twilight
CommercialFinanceIndustry NewsLos Angeles

Southwest Carpenters Pension Trust Spends $80MM on Iconic Union Bank Plaza in Downtown Los Angeles

In a significant commercial real estate transaction, Newmark has successfully facilitated the sale of the 40-story Union Bank Plaza, located at 445 South...

CommercialFinanceIndustry NewsLos Angeles

Waterbridge Capital Secures Extension on $40MM Loan Tied to Union Bank Plaza Office Tower in Los Angeles

By The Registry Staff Amidst a backdrop of financial uncertainty, Hankey Group, has extended a lifeline to Joel Schreiber, CEO of Waterbridge Capital,...

CommercialFinanceIndustry NewsLos AngelesNews Releases

Waterbridge Capital Acquires 40-Story Union Bank Plaza in Los Angeles for $111MM, or $158/SQFT

(EDITOR’S NOTE: According to Newmark – which served as the listing broker – the property sold for $111 million, or approximately $158 per...

CommercialFinanceIndustry NewsLos Angeles

701,888 SQFT Union Bank Plaza For Sale in Downtown Los Angeles

By Catherine Sweeney  Union Bank Plaza, a 701,888 square foot tower in Downtown Los Angeles has recently been put on the market. Located...

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