Institutional investors snapped up a discounted trophy office building in Los Angeles, betting on the sector's turnaround.
Los Angeles trophy tower trades in latest sign of new office reality
Brokers note 2025 is 'a good vintage' for office deals
CoStar News
February 14, 2025 | 8:18 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- The GILD
505 Brand Blvd, Glendale, CA
- Companies
- Pendulum Property Partners
Real Estate
- Newmark
Real Estate
- Contacts
- Kevin Shannon
Co-Head of U.S. Capital Markets, Newmark