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HSBC Moves to Downtown Los Angeles

Global Bank Signs $5M Lease for Regional West Coast HQ
March 30, 2005
Hong-Kong Shanghai Bank of China (HSBC) will open its West Coast regional headquarters in downtown Los Angeles. The company leased approximately 21,100 square feet of the Figueroa Tower, at 660 S. Figueroa. Total consideration for the 10-year lease was valued at $5 million, with options to extend.

The Figueroa Tower is a Class A, 24-story office building located in the central business district of downtown Los Angeles.

Jeremy Dee and Gary Goodgame of Corporate Realty Associates represented HSBC, while Milbank Real Estate Services and John Eichler of Cushman & Wakefield represented Figueroa Tower.

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