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THE GRAND LIFE Property of Kevin Daniels the GRAND LIFE

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THE GRAND LIFE Property of Kevin Daniels the GRAND LIFE THE GRAND LIFE Property of Kevin Daniels THE GRAND LIFE Two California Plaza (now known as 2CAL) is a premier office building located in the Bunker Hill District of downtown Los Angeles, California at 350 South Grand Avenue.The tower is part of the California Plaza project, consisting of two unique skyscrapers, One California Plaza and Two California Plaza. 2CAL is one of the tallest office buildings in downtown Los Angeles and is home to lawyers, accountants, bankers and other top professionals. The Water Court, a 1.5 acre development that encompasses 2CAL, includes water fountains and retail shops, and is at the top of the funicular railway Angels Flight. Callifornia Plaza is also home to the Museum of Contemporary Art (MoCA), an apartment tower, the Colburn School of Performing Arts, and the Omni Hotel. In recent years, the center of downtown development has shifted just a few blocks south. New urban housing developments are being constructed, while bars and restaurants have already transformed the financial district. This is all within walking distance of Staples Center and the emerging South Park neighborhood. Bunker Hill is poised for a comeback as new owners bring millions to invest in property improvements near Walt Disney Concert Hall. Additions include the $130-million Broad Museum (opening fall 2015), Grand Park and the resurgence of Grand Central Market. BUILDING FACTS Year Built: 1992 Number of Floors: 52 Architect: Arthur Erickson Parking Ratio: 3/1000 - Unreserved, Architects Reserved Ownership: CIM Group Security: 24 hour, guarded security Total Rentable SF: 1,329,800 SF Elevators: 26 Height: 751 Feet Certifications: LEED Platinum 1 HOW IT ALL STARTED California Plaza was completed in 1992 by Hathaway Dinwiddie Construction Company. The towers were designed by Arthur Erickson Architects. California Plaza was a ten year, $1.2 billion project. Breaking ground in 1983, the 1,329,000 square feet of office space at 2CAL was completed in 1992, during a significant decline in the downtown Los Angeles real estate market. The original plan for California Plaza was to include three high-rise tower office buildings. Three California Plaza at 65 floors, was planned for a site just north of 4th St., where the current Angels Knoll park is located. The previous owners of 2CAL, MPG Office Trust, let the property go into receivership in 2012. A tenant since 2000, Deloitte recently moved out of the building to the nearby Gas Company Tower, leaving 10 vacant floors of class-A office space available. In 2014, CIM Group bought the building and started making improvements to the restaurants and shops. 2 SPACE IS ESSENTIAL 3 FLOORS AVAILABLE 37,401 RSF FLOOR 20 - 12,467 RSF FLOOR 19 - 12,467 RSF FLOOR 16 - 12,467 RSF 3 SPACE IS ESSENTIAL FLOOR SPECS • Flexible design for changing workspace • Column-free 12,467 RSF floor-plate • Accommodates both open plan and perimeter office design • Dramatic window line maximizes views in every direction • Building signage available N 4 ACCESS FROM EVERYWHERE PARKING AND TRANSPORTATION Centrally located in downtown Los Angeles, 2CAL is easily accessible from all four major freeways (US Route 101, Interstate 110, Interstate 10 and US Interstate 5). The Metro Red and Purple lines can be accessed at 4th Street and Hill Street, just a few blocks south of the property. There are several options for tenant and guest parking within the area. Beneath 2CAL there is a 3/1000 ratio of reserved, unreserved spaces. Additonally, several parking lots/garages are nearby for daily or monthly use. Shuttles are available at these lots for employees to be transported to and from 2CAL. 5 WORK. EAT. PLAY. NEARBY AMENITIES 2CAL is located in the Bunker Hill District of downtown Los Angeles. There is an abundance of retail shops within the property’s Water Court to suit your needs. In addition, a short walk will lead you to high-end restaurants, hotels, museums and parks. US ROUTE 101 INTERSTATE 110 STAPLES CENTER CURRENT 2CAL TENANTS: ENTERTAINMENT: HOTELS: Reliance Steel & Aluminum The BLOC Ace Hotel West Coast Trial Lawyers Broad Museum (fall 2015) Millenium Bitlmore Hotel Chinatown Omni Hotel CURRENT RETAIL TENANTS: Dodger Stadium The Standard Hotel Asiago Grilled Cheese FIGAT7TH The Westin Bonaventure Blue Cow Kitchen Grand Park Carolyn’s Hair Salon MoCA LOCAL BUSINESSES: Corporate Cleaners LA Live! Bank of America Dan’s Deli Pershing Square Capital Group Famima Staples Center CB Richard Ellis George’s Greek Grill Walt Disney Concert Hall Gibson, Dunn & Crutcher Mendocino Farms JP Morgan Mixt Greens EATS: KPMG Saffron Bunker Hill Bar & Grill Latham & Watkins Panda Express California Pizza Kitchen Microsoft Shoe Masters Grand Central Market Oaktree Capital Starbucks Nick + Stef’s Steakhouse Skadden Stems Florist McCormick & Schmick’s Wells Fargo U.S. Post Office Patina 6 7 INVESTING IN URBAN COMMUNITIES CIM GROUP 4700 WILSHIRE BOULEVARD LOS ANGELES, CA 90010 P.323.860.4900 F.323.860.4901 FOR LEASING INFORMATION, PLEASE CONTACT: JIM A. WALKER DAVID ATTAR VICE PRESIDENT VICE PRESIDENT LEASING LEASING DIRECT 323.860.4874 DIRECT 323.860.4939 MAIN 323.860.4900 MAIN 323.860.4900 FAX 323.446.7016 FAX 323.843.9962 [email protected] [email protected].
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