Scott Purviance Of AMWINS Insurance Brokerage Leases 54,216 Square Feet In Downtown Los Angeles

The property involved in this lease transaction is an office asset located at 355 South Grand Avenue in Los Angeles, CA, encompassing a total area of 54,216 square feet. The leasing activity in Downtown Los Angeles has seen renewed momentum, marked by this significant transaction which highlights the growing demand in the market.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 355 South Grand Avenue
• Market: Los Angeles, CA
• Tenant: Scott Purviance - AMWINS Insurance Brokerage

The representative in this transaction for AMWINS Insurance Brokerage was Scott Purviance. The relocation is noted as one of the largest leases of the quarter, contributing to renewed activity in the submarket alongside LA28’s expansion, which facilitated a rebound in leasing as tenants took advantage of favorable lease terms.