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The partners plan to renovate and rebrand the vacant 25-story tower as a “next-generation” AI workplace.
Positive outlook for rent growth has Fortress, Artemis and Hines growing their portfolios in city.
Opportunistic buyers are pouncing as office recovery blooms in the city.
Billionaire-backed effort to build new city eyes creation of a shipbuilding hub.
The City Council says software “weaponizes private data” so landlords can collude on prices.
A bill proposes a $5 per square foot levy on a property vacant for at least 182 days.
Prebys Foundation’s cash purchase of Wells Fargo Plaza is an investment in hopes the business district will rebound.
Pre-leased deliveries will arrive this year, and available sublease space is expected to level off.
Return to office push in L.A. has lagged behind other metros.
Lender takes keys for downtown Marriott in deed in lieu of foreclosure.