Avison Young represented Manulife’s John Hancock Real Estate in a full-floor, 22,115-square-foot office lease at 515 S. Figueroa St. in downtown Los Angeles. United Way of Greater Los Angeles has signed a 15-year lease and will relocate to its new ninth-floor space in April 2025.
The tenant was represented by Ron Burkhardt and Steve Salas with Newmark. Avison Young principal John Eichler and SVP Tyler Stark represented John Hancock Real Estate. Avison Young is also the property’s managing agent.
“After an extensive search through greater downtown Los Angeles, United Way of Greater Los Angeles determined it wanted to start a new long-term relationship with a well-positioned and capitalized landlord,” said Burkhardt. “Institutional owner Manulife has owned and operated this property since its construction, making important upgrades including a new conferencing center for tenants. The space UWGLA was able to secure was basically turnkey, matching a first-class tenant matched with a first-class landlord.”
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