|
|
9/30/14
|
In a recent downtown Los Angeles lease comp, the University of Southern California (USC) inked a four-year deal for 19.7k sf of space within the World Trade Center, a 370k sf, 10-story office building located at 350 S. Figueroa St. USC will use the space for expansion of its charter school.
With this new lease, USC is expanding its presence by nearly doubling its space within the property, and has brought World Trade Center’s occupancy up to 74 percent. The World Trade Center occupies the entire block of Figueroa to Flower Streets and 3rd to 4th Streets. It is adjacent to the Ketchum YMCA, the Westin Bonaventure Hotel and the Downtown Hyatt and is a short walk to numerous dining and retail amenities.
Chris Runyen, senior managing director with Charles Dunn Company, represented the landlord, Jamison Properties. USC was represented by Dennis Smith, Howard Feuerstein, and Cory Campbell of Travers Realty.
“This was an expansion of USC's Hybrid High School that has a total of 20k sf on the ground floor,” said Runyen. “The ground floor space serves as classrooms and administrative offices for the freshman and sophomore classes. This new space is located on the second floor and will provide additional classrooms for those students advancing to their junior and senior years. The school made some minor renovations to its new space – that was previously used for education purposes – in time to take occupancy for the 2014/2015 school year.”
|
|
 Return to the Archive page
|
|
|
|
|
Printer-friendly Version
Email an Associate
