Bow West Capital has announced that Green Street Agency, a consulting firm that works with companies in the cannabis industry, has leased three floors at a historic building now under renovation in Downtown Los Angeles. The seven-story building - erected in 1913 at 718 S. Hill Street - will take on the name of its flagship tenant and henceforth be known as "Green Street."
Los Angeles-based M-Rad Architecture is designing the project, which transforms the 105-year-old structure from its prior use as a jewelry manufacturing and sales facility. Plans call for a cumulative 67,000 square feet of usable space, including private offices, co-working space, an art gallery, ground-floor retail, and a rooftop amenity deck.
USC's Lawrence J. Ellison Institute for Transformative Medicine has leased the entirety of the 80,000-square-foot Expo Station office complex now under construction in West Los Angeles. The five-story building, located at 12414 Exposition Boulevard, is expected to open in 2019.
HLW International designed the concrete-and-steel structure, which will be wrapped in exterior decks that provide indoor-outdoor work spaces.
The Los Angeles Times reports that the agreement will allow USC to purchase the building from its developer, the Luzzato Company, after a period of two-to-five years.
First Republic Bank has leased an additional 31,000 square feet at 1888 Century Park East, reports the L.A. Business Journal. The move increases the bank's total footprint in the 21-story tower to roughly 100,000 square feet.
The new lease takes over offices now being vacated by accounting firm BDO USA, which is moving its Los Angeles operations to City National Plaza in Downtown Los Angeles, taking a 28,000-square-foot lease.
- Leases Archive (Urbanize LA)