Newmark Facilitates $80 Million Sale of Iconic Downtown Los Angeles Office Tower
October 02, 2024
October 02, 2024
NEW YORK, Oct. 2 -- Newmark Group issued the following news release:
Newmark[1] announces it has arranged the sale of a newly renovated mixed-use 40-story urban campus at 445 South Figueroa Street in Downtown Los Angeles. Historically known as "Union Bank Plaza," the property, which includes a 674,731-square-foot office tower and 27,157 square feet of street-level retail space, sold for $80 million.
Newmark Co-Head of U.S. Capital Markets Kevin Shannon, Vice C . . .
Newmark[1] announces it has arranged the sale of a newly renovated mixed-use 40-story urban campus at 445 South Figueroa Street in Downtown Los Angeles. Historically known as "Union Bank Plaza," the property, which includes a 674,731-square-foot office tower and 27,157 square feet of street-level retail space, sold for $80 million.
Newmark Co-Head of U.S. Capital Markets Kevin Shannon, Vice C . . .