VITAL STATISTICS
FIGUEROA AT WILSHIRE
601 S. Figueroa St., Los Angeles
Deal Value: $210 million
In June, Colliers announced the off-market sale of downtown Los Angeles’ iconic 601 S. Figueroa Street office tower (Figueroa at Wilshire). The buyer, Uncommon Developers, acquired the trophy asset for $210 million ($201 PSF), marking the largest commercial sale in Los Angeles County since January 2024 at the time of closure. Following the acquisition, Uncommon Developers awarded Colliers the exclusive leasing and property management assignments for the 52-story, 1,042,332 square foot tower.
Built in 1990 at the high-profile intersection of Figueroa and Wilshire Blvd., the 52-story tower stands as a prominent landmark in the heart of Downtown Los Angeles. Its locale offers walkability to ample dining and retail destinations, immediate access to the 110 Freeway, and access to the most robust public transportation hub in Los Angeles County. Select property features include dual open-air lobbies, a tenant lounge, a state-of-the-art fitness center, 50 electric vehicle stalls, executive valet parking, and more.
“This complex transaction involved multiple stakeholders and required our deep market knowledge, relationships, and a structure with a deed-in-lieu and seller financing to align all parties,” said Jordan Garcia of Colliers
