Silverstein Properties Leases 24,416 Square Feet Office Space To Wilson Elser In Downtown Los Angeles

The property asset involved in this lease transaction is located at 633 West 5th Street, Los Angeles, featuring a total square footage of 24,416 dedicated to office use. The lease is situated in the U.S. Bank Tower, a prominent building within the Downtown Los Angeles market.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Landlord: Lisa Silverstein & Larry Silverstein - Silverstein Properties
• Tenant: Wilson Elser
• Landlord's Representative: Harlan Strader - Silverstein Properties; Jaclyn Ward, James Malone, Marin Turney & Sarah Hancock - JLL
• Tenant's Representatives: Ryan Hoopes, Tom Sutherland & Luke Raimondo - Cushman & Wakefield

This lease marks a significant agreement as Silverstein Properties signed a full-floor lease with Wilson Elser, who will be relocating to the 31st floor later this year. The deal aligns with Silverstein's ongoing portfolio activity, following a substantial lease with American Express at a different location, demonstrating the firm's active engagement in the market.