Silverstein Properties Leases 55,349 Square Feet To Morgan & Morgan And Others In Los Angeles

The property asset involved in this transaction is an office space located at 633 West 5th Street, Los Angeles, CA, encompassing a total area of 55,349 square feet. The leasing activity is part of the U.S. Bank Tower, which boasts a total of 1.4 million square feet. The transaction signifies a notable increase in leasing activity within the L.A. office market environment.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Landlord: Lisa Silverstein - Silverstein Properties
• Tenant: Morgan & Morgan, Buro Happold, ICF, Los Angeles Area Chamber of Commerce, & an unnamed banking firm
• Landlord's Representative: Harlan Strader - Silverstein Properties; Jaclyn Ward, James Malone, Josh Wrobel, Marin Turney & Sarah Hancock - JLL
• Tenant's Representatives: CBRE, Cushman & Wakefield, JLL & Newmark

This transaction included expansions by Morgan & Morgan along with new leases finalized with Buro Happold, ICF, and the Los Angeles Area Chamber of Commerce. Over the past year, leasing activity in the U.S. Bank Tower has surpassed 145,000 square feet, reflecting a broader recovery in office demand in Los Angeles.