Downtown Los Angeles’ U.S. Bank Tower scored two major lease transactions totaling 53,146 square feet, speaking to the building’s draw from professional service firms. The deals include new space for King & Spalding, the Atlanta-based law firm, and Zurich Insurance, expanding both companies’ presence in the city’s central business district, the Commercial Observer reported. Silverstein Properties, which acquired the 72-story circular skyscraper in 2020, announced the leases. The landlord has spent $60 to reposition the tower as a luxury office address that, in the words of Silverstein Vice President Harlan Strader, offers “unparalleled quality, luxury and prestige” that gives tenants […]
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