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PASADENA, CA-East West Bank will relocate its headquarters here from San Marino in a 15-year lease for 78,181 sf at Plaza Las Fuentes. The wholly owned subsidiary of East West Bancorp, a publicly owned company with more than $4.6 billion in assets, will move its headquarters from 415 Huntington Drive to the new Plaza Las Fuentes space, according to Cushman & Wakefield’s Ted Simpson. Simpson represented East West in the lease, which provides for the bank to occupy portions of the sixth, seventh and eighth floors at 135 N. Los Robles beginning in the fall of 2005 and will have the first right to negotiate on expired leases on the entire 166,000-sf building. With East West’s forecasted growth, it should occupy all remaining available space within a few years, says Simpson. The independent commercial bank, with 40 branches throughout California, will establish a new retail branch in 11,353 sf on the ground floor. East West also will receive building identity in the form of monument, eyebrow and building top and lobby signage, according to Simpson. The eight-story office tower, characterized by its Spanish Mediterranean architecture, is part of a mixed-use development that also includes a 270,000-sf, five-story office building anchored by Western Asset Management, a 350-room Westin Hotel and a retail component featuring restaurants McCormick & Schmick and California Pizza Kitchen. Josh Wrobel represented Maguire Properties, which owns and developed Plaza Las Fuentes in 1989, in-house.

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