Tenant Relocates To Downtown L.A. From The Westside
4 Sep, 2007, Los Angeles, CA
Brown and Caldwell takes space at 801 Figueroa Tower
Walnut Creek, CA-based Brown and Caldwell, an environmental engineering and consulting firm, has signed a seven-year lease for 7,465 square feet of space at 801 South Figueroa Street in Downtown Los Angeles. Andrew Altman from Cushman & Wakefield represented the tenant in the transaction. John Eichler from Cushman & Wakefield represented landlord Mani Brothers.
Brown and Caldwell will occupy office space on the ninth floor of the 801 Tower, a 24-story Class A building in the Figueroa financial corridor. Completed in 1992, the building is one of the newest high-rise office towers in Downtown Los Angeles.
Brown and Caldwell is relocating from 11111 Santa Monica Boulevard where it has maintained an office for the past two years. The firm operates from 45 offices across the country and employs 1,500+ professionals.
With office rents surging on the Westside, more firms - that are not tied to the West L.A. geography due to the nature of their business - are considering Downtown as a viable cost-efficient and high-quality alternative for office space.
Cushman & Wakefield is one of the world’s largest commercial real estate services firms. Founded in 1917, the firm has 215 offices in 56 countries, and 12,000 talented professionals. Cushman & Wakefield delivers integrated solutions by actively advising, implementing and managing on behalf of landlords, tenants, lenders and investors through every stage of the real estate process. These solutions include representing clients in the buying, selling, financing, leasing and managing of assets. The firm also provides valuation advice, strategic planning and research, portfolio analysis, and site selection and space location assistance, among many other advisory services. To find out more about Cushman & Wakefield, please call 1-800-376-3133, or visit the firm’s Web site at www.cushmanwakefield.com.