It takes a lot to make the Downtown office space market intriguing, but this ain't bad: two of the largest property-holders are joining forces as Brookfield Office Properties acquires MPG Office Trust. They'll form something called DTLA Holdings, which will end up controlling both companies' Downtown buildings, including Bank of America Plaza, the Ernst & Young Tower, and the Wells Fargo Tower. It'll also be buying Brookfield's newly-renovated FIG@7th and "a strategically located development site." [Yahoo! Finance]
Filed under:
Office Space: Power Merger Downtown
The Latest
Curbed LA Is Closing
Head to Curbed.com — soon to be a part of the New York Magazine family — for more of the Curbed LA that you know and love.
Koreatown Craftsman With Lots of Hand-Carved Woodwork Asks $1.5M
Built in 1910, the house sits on a lush property that includes a recording studio out back.
Loading comments...