Avison Young expands Downtown Los Angeles office with new 13,105-square-foot lease at City National Plaza

Chris Cooper

 Los Angeles, CA – Chris Cooper, Avison Young Principal and Managing Director of the company’s Southern California region, announced today that the firm’s Downtown Los Angeles office is expanding.

Avison Young has signed a seven-year, 13,105-square-foot (sf) lease at City National Plaza located at 555 South Flower Street.

Avison Young’s Downtown office is currently subleasing just under 8,000 sf of space within City National Plaza. The new lease will now be direct with the landlord, CommonWealth Partners, and will increase the office size by more than 5,000 sf.

“Avison Young launched its first office in Southern California in August 2011,” comments Cooper. “Since then, our Southern California operation has grown to six offices and more than 100 employees.

“This year, we will be continuing our aggressive expansion that will focus on further strengthening our full-service platform for our clients. This additional space in Downtown Los Angeles is testimony to our long-term commitment to the region as well as the local market, and will accommodate our future growth.”

City National Plaza
Downtown Los Angeles, CA

Ted Simpson, Avison Young Principal and Downtown Los Angeles Managing Director, notes that City National Plaza’s central location, on-site amenities, and strong relationship with CommonWealth Partners were all factors in the firm’s decision to keep its Downtown office at the prestigious property. 

"The new space will be designed by Gensler, who will also make additional enhancements to its adjacent existing space on the 32nd floor. Official move-in is anticipated for April 2015.

  

City National Plaza consists of two, 52-story office towers, a three-story central plaza level building and four subterranean levels. 

It is one of the nation’s largest highrise office developments, and encompasses more than 2.6 million square feet on a 4.2-acre super-block at 5th and Flower Streets. 

Designed by noted Los Angeles architect Albert C. Martin Associates, the project was the first major business center in the heart of the financial district and has shaped the Downtown Los Angeles skyline for more than 30 years.

For a complete copy of the company’s news release, please contact:

Darcie Giacchetto

D.G. Communications, Inc.

949.278.6224