{"id":24699,"date":"2019-09-24T17:26:50","date_gmt":"2019-09-24T15:26:50","guid":{"rendered":"https:\/\/www.commercialcafe.com\/blog\/?p=24699"},"modified":"2025-03-25T16:09:40","modified_gmt":"2025-03-25T13:09:40","slug":"gibson-dunn-renews-215ksf-lease-wells-fargo-center","status":"publish","type":"post","link":"https:\/\/www.commercialcafe.com\/blog\/gibson-dunn-renews-215ksf-lease-wells-fargo-center\/","title":{"rendered":"Gibson Dunn Renews 215KSF Lease in Brookfield-Owned LA Office Building"},"content":{"rendered":"<p>New York-based law firm Gibson, Dunn &amp; Crutcher renewed its lease at 333 South Grand Avenue in downtown Los Angeles. The company signed a long-term deal with the owner, Brookfield Properties, for 215,000 square feet of office space in the 54-story <a href=\"https:\/\/www.commercialcafe.com\/commercial-property\/us\/ca\/los-angeles\/wells-fargo-center-north-tower\/\" target=\"_blank\" rel=\"noopener noreferrer\">Wells Fargo Center North Tower<\/a>.<\/p>\n<p>CBRE\u2019s\u00a0Stephen L. Bay,\u00a0Mark Sprague<strong>\u00a0<\/strong>and\u00a0Danny Rees represented the tenant, while Brookfield\u2019s John Barganski and CBRE\u2019s Todd Doney, John Zanetos, Chris Penrose\u00a0and\u00a0Phillip Ruhl negotiated on behalf of the owner.<\/p>\n<div id=\"attachment_24702\" style=\"width: 650px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-24702\" class=\"size-full wp-image-24702\" src=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/Wells-Fargo-Center-North-Tower.jpg\" alt=\"Wells Fargo Center North Tower\" width=\"640\" height=\"800\" srcset=\"https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/Wells-Fargo-Center-North-Tower.jpg 640w, https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/Wells-Fargo-Center-North-Tower.jpg?resize=120,150 120w, https:\/\/www.commercialcafe.com\/blog\/wp-content\/uploads\/sites\/10\/Wells-Fargo-Center-North-Tower.jpg?resize=240,300 240w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><p id=\"caption-attachment-24702\" class=\"wp-caption-text\">Wells Fargo Center North Tower at 333 South Grand Avenue, Los Angeles<\/p><\/div>\n<p>Gibson Dunn has been an anchor tenant in the <a href=\"https:\/\/www.commercialcafe.com\/office\/us\/ca\/los-angeles\/downtown-los-angeles\/\" target=\"_blank\" rel=\"noopener noreferrer\">downtown Los Angeles office space<\/a> since its completion in 1982. More than 500 company associates and employees will occupy eight floors in the north tower. Listed among the 20 largest law firms in the U.S. according to the Internet Legal Research Group, Gibson Dunn shares the building with other prestigious tenants, such as Wells Fargo Bank,\u00a0Oaktree Capital,\u00a0Latham &amp; Watkins\u00a0and\u00a0DoubleLine Capital.<\/p>\n<p>The 1.4-million-square-foot Wells Fargo Center North Tower includes 76,400 square feet of retail space and a 1,300-space parking lot. The property is currently undergoing a <a href=\"https:\/\/therealdeal.com\/la\/2018\/04\/05\/extreme-makeover-wells-fargo-center-gets-60m-atrium-rehab\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">$60 million renovation<\/a> to refurbish the atrium with an indoor\/outdoor space called Halo. Scheduled to open next year, Halo will feature a sit-down restaurant, eight quick-service restaurants, an indoor\/outdoor bar and a large-scale meeting space.<\/p>\n<p>Designed by Skidmore, Owings &amp; Merrill, the North Tower and its smaller counterpart\u2015the 47-story <a href=\"https:\/\/www.commercialcafe.com\/commercial-property\/us\/ca\/los-angeles\/wells-fargo-center-south-tower\/\" target=\"_blank\" rel=\"noopener noreferrer\">Wells Fargo Center South Tower<\/a>\u2015are joined by a three-story glass atrium. The two buildings were part of a $3 billion portfolio that Brookfield took over after acquiring MPG Office Trust, a company that had become one of <a href=\"https:\/\/www.wsj.com\/articles\/SB10001424127887323789704578444750509774718\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Southern California\u2019s largest office landlords<\/a> before the financial downturn. Brookfield Properties is currently one of the largest commercial real estate owners in Los Angeles.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York-based law firm Gibson, Dunn &amp; Crutcher renewed its lease at 333 South Grand Avenue in downtown Los Angeles. The company signed a long-term deal with the owner, Brookfield Properties, for 215,000 square feet of office space in the 54-story Wells Fargo Center North Tower. CBRE\u2019s\u00a0Stephen L. Bay,\u00a0Mark Sprague\u00a0and\u00a0Danny Rees represented the tenant, while&hellip;<\/p>\n","protected":false},"author":56,"featured_media":19256,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[37,38,39],"tags":[],"class_list":["post-24699","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commercial-real-estate-news","category-deals","category-office","wpautop"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gibson Dunn Renews 215KSF Lease in Brookfield-Owned LA Office Building - CommercialCafe<\/title>\n<meta name=\"description\" content=\"New York-based law firm Gibson, Dunn &amp; Crutcher renewed its lease at 333 South Grand Avenue in downtown Los Angeles. 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