Newmark facilitated a full-floor, 17,554-square-foot lease for Hathaway Dinwiddie Construction Company on the 16th floor at 445 South Figeroa in Downtown Los Angeles. Executive managing director David Kluth and associate director Mai Hu represented the tenant in leasing negotiations. John Zanetos and Chris Penrose of CBRE represented the landlord.
“This full-floor relocation to an upgraded and revitalizing 445 Figueroa represents a meaningful next step for Hathaway Dinwiddie as a longstanding tenant of downtown LA,” said Kluth.
Known as Union Bank Plaza, 445 South Figueroa St. is a 40-story Class A office tower, constructed in 1967 and offering more than 700,000 square feet of office space, complemented by a two-level retail center, a two-acre landscaped outdoor plaza and ample parking. In late 2024, the property changed hands for $80 million, with Newmark facilitating the transaction on behalf of the seller, and also representing the buyer, Washington Capital Management.
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