LOS ANGELES—Keck Medical Center of USC has signed a 10-year lease for 7,500 sq. ft. at 830 S. Flower Street in the downtown here.
The location will operate as Keck Medical Center of USC – Downtown. The historic six-story building which spans a city block from Flower Street to Hope Street was redeveloped by CIM and includes approximately 18,925 sq. ft. of ground floor commercial space and 602 parking spaces, which serve neighboring residents as well as the general public. Also occupying the ground floor is YAS Fitness, which operates a 3,000-sq.ft. workout studio. The building is adjacent to the Gas Company Lofts and Market Lofts, which were also redeveloped by CIM.
CIM has also been converting older, vacant warehouses and office buildings into residences under the Los Angeles Adaptive Reuse Ordinance, a major driver of the revitalization of the city. “More than 10 years ago, CIM identified downtown Los Angeles as possessing the attributes that fit its investment discipline, which focuses on established and emerging urban areas with solid infrastructure and transportation,” said company officials in a statement.
