The Story of MPG Office Trust's Los Angeles Buildings

U.S. Bank Tower, Downtown Los Angeles

Vacancy in MPG Office Trust buildings Downtown Los Angeles 

MPG Office Trust has gradually shed its holdings downtown Los Angeles over the past two years, including the sale of the U.S. Bank Tower to Singapore-based Overseas Union Enterprise for $368 million, a deal that closed on June 18th of this year. Other buildings have been surrendered to creditors or sold to companies such as Brookfield Office Properties (BPO: NYSE, TSX) who recently announced a cash offer to purchase all outstanding shares of preferred stock of MPG Office, Inc. (MPG: NYSE). Previously, BPO announced its intention to acquire MPG on April 25th, 2013, a deal valued at more than $2 billion. The video below shows a data visualization of the currently available space in these trophy Los Angeles office properties.



Visit www.cubecities.com to examine all available office space in these buildings, including floor plans and specific leasing details. Data source: www.mpgoffice.com.