Harrison & Abramovitz Architect of Record. Awards shown may represent a specific event and do not constitute an endorsement of KBS by any of the entities shown. Union Bank Plaza is an iconic presence in the Downtown Los Angeles skyline. On August 15, 2019, the Cultural Heritage Commission voted unanimously, 5–0, to confer landmark status on Union Bank Plaza. Union Bank Plaza. Onyx St, Pasig City with a floor plate of 1,298sq.m. The property consists of a two-level retail center; a two-acre landscaped outdoor plaza; and a four-level parking structure that provides ample parking. Union Bank Plaza (UBP) is an iconic office tower located at 445 South Figueroa Street in the northwest quadrant of the Bunker Hill submarket in downtown Los Angeles. KBS-affiliated entities have invested in and managed commercial real estate assets on behalf of clients that include large institutions, such as public and private pension plans, endowments, foundations, ... Union Bank Plaza +1 213 550 2611 vicki.conrad@unionbankplaza.com KBS Union Bank Plaza Film. The property is named for its anchor tenant, Union Bank, N.A., which has had a presence in the building since its completion. Company has wrapped lease deals with nearly 60 companies totaling some 3.5M SF since the start of last year. The owner plans to invest $20 … The property was recently designated the first skyscraper in Los Angeles to become a historical landmark nominated by the esteemed Los Angeles Conservancy. KBS has completed the first phase of the renovation and historic preservation of Union Bank Plaza, a 701,888-square-foot, 40-story office tower in downtown Los Angeles. Los Angeles. 445 S. Figueroa Street, The remodel will include an updated two-story retail level, an updated conference center, outdoor seating with fire pits and a new lobby. Los Angeles. Designed by influential LA architect A.C. Martin, the building is undergoing a transformative renovation. QUOTABLE: Schreiber is optimistic about the U.S. commercial real estate market, claiming that it is … Los Angeles, CA 90071. Some properties may reflect multiple buildings where some of the buildings at the property do not possess LEED or Energy Star certifications. 2404 Wilshire Blvd, Suite 4E Los Angeles, CA 90057 213.908.2209. KBS’ Giovanni (Gio) Cordoves says, “The repositioning project provided the opportunity for Union Bank Plaza ‘to be seen in a new light’ while still maintaining the historic characteristics that make it so unique. If you should have any questions, please contact (855) 434-4527. Contact Us Newsletter Sign-Up . Spain. Looking to sell some holdings, including L.A.’s Union Bank Plaza. The property is located at 445 S. Figueroa St. Contact Us Newsletter Sign-Up . ... KBS Architect Design. Bordered by the 110 Freeway to the West, the property also provides convenient access to the major Los Angeles freeways. Anchored by a 701,888 sf office tower, the property also features a bustling retail center wrapped around a … KBS Real Estate Investment Trust II is planning a major overhaul of the Union Bank Plaza building in Downtown Los Angeles. Premiere Commercial Real Estate Properties | KBS Union Bank Plaza, a modernist Downtown L.A. landmark, undergoes $20 million renovation We developed an interactive app that served to augment the Sales Center. KBS Capital Markets Group is a member FINRA & SIPC. Check the background of this firm and its investment professionals on FINRA’s BrokerCheck. KBS Real Estate Investment Trust II Inc., a publicly registered non-traded real estate investment trust, announced that the $280 million sale of Union Bank Plaza in Los Angeles has been canceled, according to a filing with the Securities and Exchange Commission. Contact Us Newsletter Sign-Up . Anchored by a 701,888 sf office tower, the property also features a bustling retail center wrapped around a spacious outdoor courtyard. Fresh off the sale of a $1.2 billion office portfolio, KBS Capital Market … Newport Beach-based KBS Realty is looking for a steep profit on a major Downtown Los Angeles holding: Union Bank Plaza. Union Bank Plaza is an iconic Class A office tower located at 445 South Figueroa Street, in the heart of the Central Business District in downtown Los Angeles. Two of the eight under construction have been preleased. A $20 million overhaul of Downtown’s Union Bank Plaza is scheduled to begin next month. Visitors and tenants will enter a newly designed lobby before reaching their destination via upgraded elevator cabs. This is "KBS Union Bank Plaza Film" by Kilograph on Vimeo, the home for high quality videos and the people who love them. KBS has started a $20 million renovation on downtown’s Union Bank Plaza, the group announced July 9. It is named for anchor tenant Union Bank, which has called the building home since its construction in 1967. KBS is also creating speculative tenant suites. Alfonso el Sabio 9 3D 03002 Alicante Spain. SEE ALSO: SL Green Lands $360M Refi for 100 Park Avenue The 40-story, 701,888-square-foot tower and its retail plaza span a full city block at 445 South Figueroa Street in the Bunker Hill area. The project, designed by HLW International, will bring new outdoor seating and fire pits to the property’s open-air retail center at 5th and Figueroa Streets. The project consists of the 677,055-square-foot office tower, a two-level 24,833-square-foot retail plaza and a 914-space, four-level parking structure (providing a ratio of 1.5 spaces per 1,000 square feet). A modernized conference center will offer a dynamic space for events. Newport Beach, CA-based KBS launched a $20 million renovation of Downtown Los Angeles’ iconic Union Bank Plaza. KBS Real Estate Investment Trust II has launched a $20 million renovation of Union Bank Plaza (UBP) in downtown Los Angeles. The building was the first skyscraper to become a historical landmark and it wrapped the first phase of a $20 million renovation. Union Bank Plaza (UBP) is an iconic office tower located at 445 South Figueroa Street in the northwest quadrant of the Bunker Hill submarket in downtown Los Angeles. KBS, owners of Union Bank Plaza, will begin construction this month on a $20-million renovation that will encompass the building's private suites and common spaces. KBS Realty Advisors has completed the first phase of the $20 million renovation of the Union Bank Plaza office tower in Downtown Los Angeles. KBS has started a $20 million renovation on downtown’s Union Bank Plaza, the group announced July 9. UnionBank Plaza is an office skyscraper located in Pasig, Philippines.It rises 206 metres (676 feet) from ground level to roof, and is currently the tallest complete building in Pasig City, and the 14th-tallest building in the country and Metro Manila as well.The building has 49 levels above ground, and 6 basement levels. All located in the center of Downtown LA — where commerce, art and entertainment meet. Learn How KBS is Creating Safe Work Environments. Union Bank Plaza, Los Angeles, CA - Photo courtesy University of California-Berkeley, ca. Spain. Logos shown represent awards or honors attributable to KBS properties in the last five years. The 40-story tower at 445 South Figueroa Street includes 677,055 square feet of office space and nearly 25,000 square feet for retail. Union Bank Plaza KBS Capital Advisors is scheduled to complete renovation at the Union Bank Plaza in Downtown Los Angeles this year. © 2021 KBS Capital Markets Group, LLC. The remodel will include an updated two … Contact Us Newsletter Sign-Up . The purchaser, Pacific Reach Properties affiliate RC Acquisitions, exercised its right to terminate the […] Union Bank Plaza’s owner had reason to celebrate this month. Alfonso el Sabio 9 3D 03002 Alicante Spain. The iconic 1967-built asset at 445 S. Figueroa St. is owned by KBS Real Estate Investment Trust II. Union Bank Plaza (UBP), a 701,888 square-foot, 40-story, office tower and retail plaza is redefining the Downtown Los Angeles skyline. LEED and Energy Star designations may reflect certifications received prior to the current year. KBS Union Bank Plaza Film. The project consists of the 677,055-square-foot office tower, a two-level 24,833-square-foot retail plaza and a 914-space, four-level parking structure (providing a ratio of 1.5 spaces per 1,000 square feet). The property was recently designated the first skyscraper in Los Angeles to become a historical landmark nominated by the esteemed Los Angeles Conservancy. Built in 1967, Union Bank Plaza at 445 South Figueroa St. … The landscaped plaza of Union Bank Plaza with John C. Portman Jr.’s Westin Bonaventure Hotel in the background. Leased Percentage (at the time of Acquisition): 95.6%. coffee shops, banks, atm, restaurants, hotels, dry cleaners, ice cream, etc). 2404 Wilshire Blvd, Suite 4E Los Angeles, CA 90057 213.908.2209. Please reach out to your financial advisor or financial representative for more information. And the outdoor plaza is being enhanced with fire pits, workspaces and comfortable seating for people to gather and connect. Rod Richerson, Western regional president for KBS and Union Bank Plaza. | All Rights Reserved. We developed an interactive app that served to augment the Sales Center. The property demonstrates a very high historical occupancy level, with some of the existing tenants (including the anchor tenant, Union Bank) having been in occupancy since the building was completed more than 40 years ago. You have been redirected to the KBS Capital Markets Group website. Improvements will include an updated retail center, conference center, outdoor seating area and lobby. Other Names. Ultimately, KBS Realty did not oppose the nomination, and the company is now fully prepared to embrace the value of the property’s newly achieved historic standing. Located at 445 S. Figueroa St., the 701,888 square-foot Class A office tower, two-level retail center, parking structure and two-acre landscaped outdoor plaza is owned by KBS Real Estate Investment Trust II. 1968 Threat The tower and adjoining plaza are owned by KBS Realty Advisors, which, on July 9, 2019, publicly announced plans for a $20 million renovation to the plaza. Designed by A.C. Martin, the 40-story office tower was constructed in 1967 and has been institutionally owned and maintained for most of its life. Other names the building has commonly been known as, including former names, common informal names, local names, etc. The 40-story, 627,000-square-foot … KBS acquired Union Bank Plaza from Hines for $208M in 2010, according to CRE data site Reonomy. Union Bank Plaza (UBP), a 701,888 square-foot, 40-story, office tower and retail plaza is redefining the Downtown Los Angeles skyline. Union Bank Plaza is a commercial building located along Meralco Avenue cor. Use the search box above to find local area amenities (e.g. Union Bank Plaza is an iconic presence in the Downtown Los Angeles skyline. The tower rises 40 stories high above the 110 Freeway, providing expansive views of the Los Angeles region along with highly convenient access to major freeways and public transit. 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