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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
Oaktree Capital Management will soon relocate its downtown Los Angeles headquarters to the City National Plaza tower. (CoStar)
Oaktree Capital Management will soon relocate its downtown Los Angeles headquarters to the City National Plaza tower. (CoStar)
CoStar News
July 8, 2025 | 8:28 P.M.

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.

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