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Verizon Buys Key Downtown LA Data Center as Digital Demand Soars

Communications Giant Spends $130 Million on Bullocks Building

A roughly 242,000-square-foot data center at 800 S. Hope St. in downtown Los Angeles has been sold. (Evan Bracken/CoStar)
A roughly 242,000-square-foot data center at 800 S. Hope St. in downtown Los Angeles has been sold. (Evan Bracken/CoStar)

Telecommunications giant Verizon has bought a data center in downtown Los Angeles. It's one of the biggest office deals for that part of the city and the latest sign of demand for real estate supporting digital networks.

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