Silverstein Properties Signs Leases For 53,146 Square Feet With King & Spalding And Others

The property asset involved in the transaction is located at 633 West 5th Street in Los Angeles and is classified as an office space with a square footage of 53,146. Silverstein Properties is the landlord of this asset.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: N/A
• Address: 633 West 5th Street
• Market: Los Angeles
• Landlord: Larry Silverstein - Silverstein Properties
• Tenants: King & Spalding, Zurich North America, Wilson Elser
• Landlord's Representatives: Harlan Strader - Silverstein Properties; Jaclyn Ward, James Malone, Marin Turney, Sarah Hancock - JLL
• Tenant's Representatives: John Izard, Carla Williams, Eric Duncanson - Cushman & Wakefield; Scott Becket - JLL

This transaction includes an 18,971-square-foot expansion and extension with King & Spalding, a new 10-year, 10,483-square-foot lease with Zurich North America, and a full-floor relocation by Wilson Elser. JLL represented the landlord and Zurich North America, while Cushman & Wakefield represented King & Spalding in the transactions.