Urbanize Goes Inside The Trust Building

Urbanize Goes Inside The Trust Building

By Steven Sharp | Urbanize LA

Last month, Rising Realty Partners granted us a tour of The Trust Building, a historic building now in the midst of a full restoration in Downtown Los Angeles.

Completed in 1928 at 433 S. Spring Street, the 11-story structure will offer 338,000 square feet of rentable space atop ground-floor retail upon completion later this year.  Originally known as the Title Insurance and Trust Building, it is being redesigned by a team that includes Gensler and Architectural Resources Group to make the vintage property appeal to modern tenants.

The Closing: Chris Rising

The Closing: Chris Rising

By Alexei Barrionuevo | The Real Deal

Chris Rising is co-founder and president of Rising Realty Partners, a real estate operator and investor based in Downtown Los Angeles. Since relaunching in late 2011, the firm has played a big role in shaping DTLA’s development. Rising Realty Partners is best known for buying the historic PacMutual building for $60 million, spending $25 million to renovate it and ultimately selling it for $200 million — a record Downtown sale at the time. Last year, the firm paired with Colony NorthStar in the purchase of One California Plaza for $460 million. Rising is currently working on a renovation of the 320,000-square-foot former Title Insurance Building at 433 South Spring Street. 

Electric Scooters - Here’s What We’re Doing About It

Electric Scooters - Here’s What We’re Doing About It

In recent months, the Los Angeles area has seen a dramatic increase in the number of electric scooters (e-scooters) on the roads, particularly on the Westside in the neighborhoods of Venice and Santa Monica. We should expect to see more e-scooters in other parts of LA now that the Transportation Committee has approved guidelines for dockless electric scooter companies to operate within city limits, especially in DTLA. We also believe cities with thriving urban cores like Glendale, Pasadena, Burbank, and Long Beach will soon see an influx.

Take a 3D Tour of The Trust Building

Take a 3D Tour of The Trust Building

by Steven Sharp | Urbanize LA

Rising Realty Partners has unveiled three-dimensional renderings of the Trust Building, an office restoration project now underway on Spring Street. Built in 1928, the 11-story, 320,000-square-foot building is located at 433 S. Spring Street.  The historic structure, previously slated for adaptive reuse as condominiums, is instead being retrofitted as creative office space with ground-floor commercial space.

Downtown News names The Trust Building as one of the projects to watch in 2018

Downtown News names The Trust Building as one of the projects to watch in 2018

By Eddie Kim, Jon Regardie and Nicholas Slayton | Downtown News

DTLA - When it comes to transformative projects, it will be hard for Downtown Los Angeles to top 2017. After all, last year saw the opening of the $1.2 billion Wilshire Grand Center, the tallest building west of the Mississippi. Additionally, the community welcomed its largest recreation space in L.A. State Historic Park, several new hotels and approximately a dozen housing developments.

Construction Progress & Historic Preservation at The Trust Building

By Chris Rising & Adam Lev

The real estate business lends itself to risk takers and dreamers because building something requires vision. Most developers relish in looking at a piece of raw dirt and imagining what could be built. Over the last decade, however, some developers have pivoted away from developing raw land and instead have found that redeveloping something with a history, with character and architectural relevance could offer a new canvas. Rising Realty Partners has a strong track record of restoring existing historic buildings (links to PacMutual & The CalEdison, looking at old, empty buildings as the 21st century canvas for development. We also take pride in turning 100-year-old structures into buildings that compete for modern-day tenants.

Rising on Development: 433 S. Spring St. Episode 02: Meet the Construction Manager

In Episode 02 of Rising on Development: 433 S. Spring, we meet the Construction Manager, Sam Lira, who brings us up to speed with the latest updates on our project and describes some of the key challenges he and the team are facing with this property. With over 30 years of experience in buildings, Sam will share his background in architecture and construction and give you the inside scoop on how he plans to balance preservation of the historic building with getting the site up to safety standards. 

Rising on Development: 433 S. Spring St. Episode 01

After acquiring 433 S. Spring St. in Downtown Los Angeles in June 2016, Rising Realty Partners is bringing you along as we redevelop the historic office property. From construction and sustainability feats to leasing and design decisions, you'll get to see what it takes to completely redevelop a property from a number of professional perspectives. Join us throughout the process as we prepare this historic building for tenant use by June 2018.