The property involved in this transaction is an office asset located at 145 South Spring Street in Los Angeles. The building has a total square footage of 74,056 and is situated in the downtown area, formerly known as the LA Times Building.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 145 South Spring Street
• Market: Los Angeles
• Landlord: Onni Group
• Tenant: General Services Administration (GSA)
• Landlord's Representative: Peter Hajimihalis, Howard Traul, James Malone & Dana Vargas - JLL
• Tenant's Representative: Timothy Pavek - Carpenter/Robbins Commercial Real Estate Inc

The General Services Administration (GSA) signed a lease for the property, which is intended for the Federal Public Defenders Central District of California with plans to move in during the first quarter of 2027. The proximity of the building to the courthouse and competitive lease terms were cited as significant factors in the decision.