Jade Enterprises Acquires Figueroa Tower

LOS ANGELES—Jade Enterprises has acquired the Figueroa Tower, located and 660 South Figueroa Street in Downtown Los Angeles’ financial district. Following the acquisition, the firm named Cushman & Wakefield the exclusive leasing agent for the 25-story, 331,000-square-foot office building.

Director Rich Grande, senior managing director Andrew McDonald and leasing agents Michael Seidman and Alex Cameron will lead the leasing efforts on behalf of Cushman & Wakefield. The team plans to target leading financial, professional and high-tech firms. The building has small floor plates that make it attractive, so it is flexible for full-floor tenants. The firm will focus on both existing and prospective tenants. The leasing team did not comment further on the leasing efforts.