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City of Los Angeles strikes deal to buy Manulife's downtown tower

Buyers planning to occupy space are defining office values
Banc of California recently added its sign to the exterior of 865 S. Figueroa St. in downtown Los Angeles. The property could be home to the Los Angeles Department of Water and Power after a pending deal. (Banc of California)
Banc of California recently added its sign to the exterior of 865 S. Figueroa St. in downtown Los Angeles. The property could be home to the Los Angeles Department of Water and Power after a pending deal. (Banc of California)
CoStar News
March 30, 2026 | 11:42 P.M.

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