Figueroa is located in Downtown Los Angeles in the prime area of South Park. With its location directly east of the 110 Freeway and only one exit North of the 10 Freeway, the Property is easily accessible via automobile. Public transportation is conveniently located in close proximity to the Property with the Red and Blue Line Metro Station (light rail) at the 7th and Figueroa station just two blocks away. Downtown Los Angeles is also served by Metrolink which is a commuter rail system connecting suburban communities to the downtown via Union Station. A shuttle bus service provides tenants with easy access to Union Station as well as the surrounding downtown area.
Figueroa is merely two blocks from a variety of entertainment venues including LA Convention Center, Staples Center and LA Live. The Staples Center is an 18,000-seat sports and entertainment arena on a portion of the Convention Center site. The Staples Center is home to the Los Angeles Lakers (professional basketball), Los Angeles Clippers (professional basketball), Los Angeles Kings (professional hockey), and the Los Angeles Sparks (women's professional basketball). In addition, the venue hosts numerous other entertainment events, including concerts and awards ceremonies. The LA Live campus is a major entertainment campus directly north of the Convention Center and Staples Center, with a brand name JW Marriott and Ritz Carlton convention center hotel as its centerpiece.
Figueroa is a 35-storey Class A office building with almost 700,000 sq ft of lettable area, located in the South Park district of Downtown Los Angeles, two blocks away from a variety of entertainment venues. Onsite amenities include two signature water features, a full-service restaurant, a coffee shop and an adjacent parking garage with 841 parking stalls. Figueroa has been developed and owned by the Sponsor since 1991, and has recently undergone energy and operating efficiency upgrades designed to reduce expenses at the Property. Figueroa also offers convenient access to the Los Angeles freeway system and the 7th Street metro station, as well as a courtesy shuttle bus that travels throughout the surrounding downtown.