Ratkovich Cracks DTLA Office Leasing

An example of the office spaces at the Bloc.

LOS ANGELES—The Ratkovich Co. has leased 300,000 square feet of office space at the Bloc in Downtown Los Angeles since beginning leasing efforts earlier this year. This leasing activity accounts for 13% of the absorption in Downtown Los Angeles, while the Bloc only has 4% of the total leasable square footage. The tenants are all creative leaning, but from multiple industries, including a technology developer, concierge medical practice and an office furniture innovation company.

“Our strategy was simple,” Clare De Briere, CEO and EVP at the Ratkovich Co., tells GlobeSt.com. “We wanted to create the healthiest, most efficient and most convenient vertical office campus for creative-leaning companies in downtown Los Angeles. We positioned The Bloc as downtown’s living room – sitting on a transportation hub with direct access to the 7th Street Metro station, a Metro bike stop as well as long- and short-term car rentals, and adjacent to the new Sheraton Grand Los Angeles, a completely renovated Macy’s flagship store, and a bevy of new shops and restaurants where every desire can be met.”