May 17, 2018
The Los Angeles Football Club signed a 25,000 square-foot lease at 818 W. 7th Street in DTLA. The historic 12-story building was constructed in 1924, and renovated in 2016 and 2018. It features many of the original historic elements such as exposed brick, concrete floors, ceilings and columns.
Downtown Properties’ Goodwin Gaw says, “It is a real honor that Los Angeles’ newest sports team, LAFC, has selected our 818 Building for its new headquarters.”
CBRE’s Chris Caras, Phillip Sample, Brad Chelf, Brandon Bank and Taylor Watson represented the landlord, Downtown Properties, an associate of Gaw Capital. The tenant was self-represented.
Caras says, “This deal shows that the appeal of this part of town has broadened. While it was dominated by government offices just 10-15 years ago, Downtown LA has morphed into this hip, amenity-rich environment that features one-of-a-kind properties that are attractive to a great variety of employers including financial, media and entertainment, tech and now sports.”
For comments, questions or concerns, please contact Dennis Kaiser