by Steven Sharp | Urbanize LA
The landmark Trust Building was designed in the Art Deco style by Parkinson & Parkinson, the Los Angeles-based firm whose portfolio also includes Bullocks Wilshire. It served as the headquarters of the Title Insurance and Trust Company through the 1970s, and later as a furnishings design center and the temporary home of the Los Angeles Central Library after a fire damaged its permanent facility at 5th Street and Grand Avenue. Rising Realty Partners acquired the property with Lionstone Investments in 2016.
Key changes at the property include the addition of exterior spaces to the Trust Building's fourth, fifth and seventh floors, as well as the addition of a landscaped rooftop amenity deck. The property also sits across the street from Spring Street Park.