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Downtown LA Office Building Attracts New Buyer After Rising Interest Rates Nixed Earlier Deal

Waterbridge Capital Under Contract To Buy Union Bank Plaza for $155 Million

The 700,000-square-foot Union Bank Plaza at 445 S. Figueroa St. in downtown Los Angeles is under contract to sell. (CoStar)
The 700,000-square-foot Union Bank Plaza at 445 S. Figueroa St. in downtown Los Angeles is under contract to sell. (CoStar)

A 40-story downtown Los Angeles office building is under contract to be sold, again, after rising interest rates sunk a previous deal earlier this year.

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