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Los Angeles Office Tower Relies on Overseas Investors to Trade in Tough Downtown Market

German Investor Acquires Property As Gateway Cities Attract Global Buyers Amid Pandemic
Deka Immobilien acquired the 22-story property at 915 Wilshire Blvd. in downtown Los Angeles. (CoStar)
Deka Immobilien acquired the 22-story property at 915 Wilshire Blvd. in downtown Los Angeles. (CoStar)
CoStar News
December 17, 2020 | 11:36 P.M.

A German investment firm acquired a Los Angeles office tower, signaling interest among international investors in U.S. gateway markets despite challenges that have beset the city’s downtown financial district since before the pandemic.

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  • Properties