Login

Decline in Occupancy Weighs on Downtown Los Angeles Tower’s Valuation, Report Says

S&P Global Ratings Downgrades Loans Tied to One California Plaza
The roughly 1 million-square-foot One California Plaza is located at 300 S. Grand Ave. in downtown Los Angeles. (CoStar)
The roughly 1 million-square-foot One California Plaza is located at 300 S. Grand Ave. in downtown Los Angeles. (CoStar)
CoStar News
November 27, 2023 | 9:46 P.M.

A downtown Los Angeles office tower's valuation remains distressed, a bond-rating firm's report says, as the office market experiences leasing headwinds due to economic uncertainty and hybrid work patterns.

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