One of the country's largest alternative asset managers is preparing to relocate its downtown Los Angeles headquarters as part of a move expected to further exacerbate the financial challenges facing its soon-to-be-former hub.
Oaktree deals blow to struggling LA tower with relocation plans
Investment firm to depart longtime hub as it signs one of downtown's largest office leases
By Katie Burke
CoStar News
July 8, 2025 | 8:28 P.M.
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IN THIS ARTICLE
- Properties
- City National Plaza
515 Flower St, Los Angeles, CA
- Wells Fargo Center - North Tower
333 Grand Ave, Los Angeles, CA
- The Gas Company Tower
555 5th St, Los Angeles, CA
- Ernst & Young Plaza
725 Figueroa St, Los Angeles, CA
- Companies
- Oaktree Capital Management, L.P.
Finance and Insurance