Los Angeles, Calif., June 16, 2026 – Colliers announced today the sale of 333 S. Hope Street (Bank of America Plaza) in Downtown Los Angeles. The landmark 1.4 million-square-foot asset traded through a receivership sale, with fee-simple title delivered at closing. The asset traded for $210 million, making it the largest office sale in Los Angeles in 2026. The sale reflects continued recalibration in office pricing and growing investor focus on long-term value in premier assets.

Vice Chair Sean Fulp, Executive Vice Presidents Mark Schuessler and Todd Tydlaska, and Associate Vice Presidents Jordan Garcia and Blake Hammerstein of Colliers’ investment sales team exclusively marketed the property and facilitated the transaction on behalf of the court-appointed receiver, Chris Nielsen, Managing Partner and Co-Head of Trigild. The buyer, Capital Group, was represented by Kevin Bender and Andrew Harper of JLL.

“The sale is a meaningful step forward in the evolution of Downtown Los Angeles and another benchmark transaction for our team, said Mark Schuessler. We generated interest from both private and institutional investors, as well as foreign capital, and ultimately a partial user. In conjunction with the receiver and special servicer, we were able to deliver pricing and deal terms that exceeded expectations, without a need for seller-financing.”

Sean Fulp added, “Executing a transaction on this scale requires thoughtful strategy and intimate knowledge of the stakeholders. Bank of America Plaza is one of the largest and most recognizable office towers in Los Angeles, and the level of interest we received underscores the depth of capital pursuing premier office assets with a story.”

The 57-story, Class A, high-rise is a prominent fixture in the Los Angeles skyline, offering premier office space, panoramic city views, and a central location within the city’s Financial District. As a defining component of the downtown core, the property combines scale, design, and functionality, with best-in-class amenities and a strong presence within one of the West Coast’s most important business hubs.

Capital Group plans to consolidate its Los Angeles operations into the building and significantly invest in the asset to bring it to a best-in-class standard. Eventually, they expect that it will be home to more than 2,100 employees.

“Investors and users are increasingly looking beyond short-term market volatility and focusing on assets that offer scale, quality, and strategic positioning,” said Todd Tydlaska. “Capital Group’s long-term investment should send a strong message to the broader market about downtown's future.”

“Executing assignments of this magnitude showcases the differentiated capabilities of our team and platform,” said Ricado Pacheco, Senior Managing Director | Los Angeles & Santa Barbara. “It reinforces our position as leading capital markets advisors in Los Angeles and our ability to deliver on the market’s most significant opportunities.”