One California Plaza inked a lease for about 26,000 square feet with law firm Gordon Rees, The Real Deal has learned. Plus, it renewed another lease — Citigroup’s. That’s a positive sign for the massive office tower plagued by vacancies and distress. The earlier exit of another law firm delivered a major blow to the Rising Realty Partners and DigitalBridge-owned skyscraper in 2024, when Skadden left 100,000 square feet empty and relocated to Century City. The owners later defaulted on their $300 million debt, and the building at 300 South Grand Avenue in Downtown Los Angeles was placed in receivership […]
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