65.000 rsf Office Lease. Tenant Represented.
The AON Center @ 707 Wilshire Blvd., Los Angeles, CA 90017
Joint Authority of Los Angeles County & The City of Los Angeles
The goals were to lower costs and consolidate space into a contiguous block.
By consolidating everyone onto a single block of space, they needed 22% less space. We negotiated on the bottom floors at 707 Wilshire, which had been vacant for over 20 years. Combined with competition from other Landlords gave us the leverage to negotiate a below-market deal.
This lease saved Los Angeles County taxpayers $2.8 million.
Downtown Los Angeles