Law Firm Signs $32M Lease at 801 Tower

LOS ANGELES-The law firm of Manning & Marder, Kass, Ellrod, Ramirez has signed a $32-million lease for 80,000 sf of office space at the 801 Tower at 801 S. Figueroa St., a building owned by the Mani Bros. The long-term lease is one of four recent deals totaling 110,000 sf in the building.

The Manning & Marder space will serve as the firm’s new corporate headquarters. The firm is moving from its former headquarters at 660 S. Figueroa, a property that Mani Bros. previously owned and operated before selling it in 2004.

Manning & Marder, Kass, Ellrod is scheduled to move into the 24-story, 460,000-sf class A office tower by the end of the year. John Eichler of the Downtown Los Angeles office of Cushman & Wakefield, who represented Mani Bros. in the lease, tells GlobeSt.com that the 80,000 sf represents an expansion for Manning & Marder, which is in about 50,000 sf at 660 S. Figueroa.

Manning & Marder has some time remaining on its lease at 660 S. Figueroa, but sub-tenants have been secured for most of that space, Eichler adds. With the signing of the law firm’s lease and other recent deals at the 801 Tower, the property is about 95% leased.

Manning & Marder, Kass, Ellrod was represented by Clayton Hovivian of Cushman & Wakefield. The Los Angeles-based full-service law firm, with more than 100 lawyers in five cities, serves clients throughout California and the Western US.

The law firm will join other newly signed tenants at the 801 Tower that include the law firm Riley & Reiner, commercial real estate brokerage GVA Daum and insurance company Colony Agency Services. The 801 office tower was built in 1992, and the Mani Bros. have owned it since 2003.