Case Studies

Formerly Aramark Tower, and now known as Jefferson Center, the 634,146-square-foot office tower underwent $30 million in tenant improvements and a $6 million lobby renovation in connection with the move-in of a new major tenant and the building’s namesake, Jefferson Health.

Kennedy Wilson has provided property management services for the landmark Fred Segal Building since 2014. In 2016, the team was engaged to sell the property, the first time in over 40 years that it had been on the market. With considerable interest from local, international, private capital and institutional buyers, Kennedy Wilson sold the property for $43,000,000.

Rising Realty Partners purchased the property in January 2015 for its significant development and repositioning potential as the only low-rise office park in DTLA. The firm plans to reposition the property as a creative office campus to better meet the evolving needs of the area’s tenants.