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LA's Biggest Office Lease This Year Gives Boost to Building in Receivership

City Council Approves Lease for 295,000 Square feet in the Gas Company Tower Downtown

The 50-story Gas Company Tower in downtown Los Angeles may soon welcome a large tenant. The building is one of two office towers downtown in receivership. (CoStar)
The 50-story Gas Company Tower in downtown Los Angeles may soon welcome a large tenant. The building is one of two office towers downtown in receivership. (CoStar)

Downtown Los Angeles is not all doom and gloom in a year when it's been one of the worst-performing office markets in the city.

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