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.