The Trust Building, “The Queen of Spring Street,” To House the Design Firm’s L.A. Practice
The blocks of Spring Street south of City Hall lagged behind other parts of the Historic Core in downtown’s economic recovery of the last two decades.
But now the area is experiencing a burst of real estate development expected to bring tourists, residents and office workers to the neighborhood, long associated with urban decay.
Los Angeles - July 31, 2019 — Rising Realty Partners (Rising) announced today that it has signed Republic Indemnity, an affiliate of Great American Insurance Group specializing in Workers' Compensation, for a 50,000 square-foot lease at The Park Calabasas in Calabasas, Calif. Republic Indemnity will be relocating from its current location in Encino, Calif.
Rising Realty Partners (Rising) and BentallGreenOak announced today the acquisition of Civic Center Plaza, a 598,592 sf, 22-story landmark, Class A, office building located at 1560 Broadway in the Uptown district of downtown Denver. Civic Center Plaza is adjacent to Denver’s premier transit hub and is over 97 percent leased to investment grade and government tenants including the Regional Transportation District (RTD), the State of Colorado, Sheridan Ross, and a soon to open WeWork location,
Los Angeles-based Rising Realty Partners (Rising), a family-owned, vertically-integrated real estate investment and operating platform has announced that effective January 1, 2019, cofounder Christopher Rising has become Chief Executive Officer (CEO), having previously served as President. Nelson Rising will continue as company Chairman and as a member of the investment committee.
Rising Realty Partners (Rising) and GreenOak Real Estate (GreenOak) announced today a recapitalization of The CalEdison DTLA (The CalEdison), a historic Art Deco office building in Downtown Los Angeles. GreenOak acquired its interest in the building from the previous joint venture partnership managed by Lionstone Investments (Lionstone). Rising will continue to act as operating and managing partner for The CalEdison.