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505 S Flower St Los Angeles, Ca 90071 Project Overview

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505 S Flower St Los Angeles, Ca 90071 Project Overview RETAIL & RESTAURANT OPPORTUNITIES AT DOWNTOWN LA’S PREMIER OFFICE CAMPUS 505 S FLOWER ST LOS ANGELES, CA 90071 PROJECT OVERVIEW Situated in the heart of Downtown LA, City National Plaza’s Level B marketplace features over 100,000 square feet of a variety of restaurants, shops, and services that are frequented by the project’s tenants as well as those visiting, living, and working in Downtown. As one of the nation’s largest high-rise office developments, City National Plaza encompasses over 2.6M square feet of office space in two 52-story towers and a connecting “jewelbox” building. Since it purchased the complex in 2013, Commonwealth Partners has significantly transformed the conventional buildings designed for traditional tenants into an innovative workplace that supports the needs of creative and entrepreneurial companies and their employees, and provides common area spaces that enhance not only the property, but also the community at large. PROJECT HIGHLIGHTS › One Stop Shop with anchor retailers such as 24 Hour Fitness, Lemonade, Starbucks, Saffron, and more › City Within A City with over 2,600,000 SF of office space (headquarters for Gensler, Boston Consulting Group, City National Bank, Paul Hastings, and more) › High Traffic Neighborhood with approximately 15,000 daily weekday visitors to Level B › Strategically Positioned in the heart of the Financial District, between the Bunker Hill, Historic Core, and South Park districts › Easy Access on foot with two street entrances on Flower Street, and direct entrances from the two highrise towers RETAIL Available Future Availability SITE PLAN Occupied Vertical Transportation LEVEL B B100 24 HOUR FITNESS RESTROOM ESCALATORS FREIGHT ELEVATORS TO 6TH/ FLOWER B120 1785 SF LEASE PENDING 655 SF B200 STARBUCKS B500 ESCALATORS TO 854 SF SOUTH TOWER LOBBY B300D CILANTRO MR. B300E MUSTACHE B300F B520B520 739 SF LEASE2884 PENDING SF 2884 SF B220 GNC B300 LEMONADE B300A KTOWN PHO B230 2143 SF B530 GENSLER B240 BIG FISH LITTLE FISH & CALIFORNIA RAMEN FACTORY B410 4350 SF B250 (DIVISIBLE) SAFFRON B540 RUSSELL’S 2355 SF B420 TOGO’S B260 B430 1774 SF SALATA NORTH TOWER LOBBY NORTH TOWER ESCALATORS TO ESCALATORS B550 SEARS SHOE B620 B270 GOURMET 973 SF COFFEE FREIGHT ELEVATORS RESTROOM B600 ESCALATORS 580 SF 255 SF B660 TO 5TH/ 804 SF FLOWER ELEVATOR B630 2,043 SF B610 B650 1,115 SF 2021 SF B760 2825 SF B740 B720 1454 SF 2,040 SF B750 B730 B700 PLAZA 3832 SF 4,433 SF DENTAL AREA MAP 2.6M SF OFFICE 96.5% LEASED SHERATON THE BLOC WILSHIRE GRAND CENTER GRAND HOTEL 721,693 SF OFFICE 375,775 SF 496 ROOMS 68.1% LEASED 55% LEASED (RECENTLY OPENED) CITIGROUP CENTER 914,343 SF OFFICE INTERCONTINENTAL HOTEL 83.9% LEASED 900 ROOMS US BANK TOWER AON CENTER 1.4M SF OFFICE 1.1M SF OFFICE 85.2% LEASED 68.6% LEASED ERNST & YOUNG PLAZA 915,316 SF OFFICE 87.8% LEASED GAS COMPANY TOWER 1.3M SF OFFICE 100% LEASED 777 TOWER 1M SF OFFICE 94.8% LEASED BANK OF AMERICA PLAZA 1.4M SF OFFICE 97.8% LEASED 915 WILSHIRE 390,312 SF OFFICE 78.6% LEASED 400 S HOPE KPMG CENTER 515 FIGUEROA 915 WILSHIRE 701,535 SF OFFICE 590,207 SF OFFICE 437,787 SF OFFICE 390,312 SF OFFICE 95.2% LEASED 84.7% LEASED 88.3% LEASED 78.6% LEASED UNION BANK PLAZA 601 FIGUEROA WESTIN BONAVENTURE 607,453 SF OFFICE 1.1M SF OFFICE 1,358 ROOMS 88.2% LEASED 94.1% LEASED DTLA VISUAL OVERVIEW Number of Employees ±500,000 Median Income $99,600 Median Age 45 69% Female 31% Male AREA DEMOGRAPHICS EMPLOYEES RESIDENTS Number of Employees Number of residents ±500,000 47% ±79,799 31% Own Housing Own Housing Median Income Median Income $99,600 47% $96,600 68% Rent Rent Median Age Median Age 45 46% 38 32% Married or Partnered Married or Partnered 69% 57% Female 73% Female 76% Completed 4 Years Of College Completed 4 Years of College 31% 43% Male 50% Male 43% Own pets Own pets Activities Attendance Activities Attendance Sporting Music, Theater, Sporting Music, Theater, Events Dance Events Dance 1 . 8 X / 2.4X/ 2X/ 3 X / YEAR YEAR YEAR YEAR Art Museums, Median grocery spend Art Museums, Galleries Median grocery spend Galleries per Week: 3X per Week: 2.2X/ /YEAR $103.00 YEAR $107.00 Per person Per person Per person Per person median spend median spend median spend median spend on lunch in Downtown: on dinner in Downtown: on lunch in Downtown: on dinner in Downtown: $14.54 $31.35 $16.42 $30.06 Contacts DERRICK MOORE Senior Vice President Lic. 01029938 [email protected] MATT AGUILAR Client Services Specialist Lic. 02112401 [email protected] +1 213 613 3272 © 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. Any projections, opinions, or estimates are subject to uncertainty. The information may not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited..
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