310-491-2019
, Los Angeles, CA for Sale
Office - FOR SALE
1/4
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Park DTLA
Los Angeles, CA
Bunker Hill


HIGHLIGHTS

  • OWNER-USER | 4.6 ACRE | CREATIVE CAMPUS OPPORTUNITY
  • Fee-Simple Ownership Opportunity
  • Significant Discount to Replacement Cost & Prior Peak
  • Creative Office Capital Renovation
  • Potential Development/Redevelopment Upside (High Density/Mixed-Use Zoning)

OVERVIEW

Newmark, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in The Park DTLA (the “Property”), a five-building creative office campus totaling 278,131 square feet in Downtown Los Angeles’ CBD. Situated on an expansive 4.59-acre site, the Property features approximately 30,000 square feet of enclosed outdoor space, distinguishing The Park DTLA as the only true low-rise creative office campus in the Downtown submarket. The Property is currently 14.4% leased, with all tenants leasing on a month-to-month basis, providing flexibility for an owner-user to acquire up to 278,131 square feet of creative office space. Park DTLA offers users a unique branding opportunity with tremendous freeway visibility off of the 110 Freeway as well as street visibility with prominent monument branding at the corner of South Figueroa and 3rd Street.

ASK ABOUT THIS PROPERTY

Michael MooreNewmarkMore Info
310-491-2019

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Michael MooreNewmarkMore Info
310-491-2019

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.