Marsh & McLennan signs 72K sf lease at US Bank Tower
Global insurance firm Marsh & McLennan Cos. will be moving into the U.S. Bank Tower at 633 W. 5th Street.
The firm signed a 15-year lease at the Downtown office tower for 72,000 square feet on floors 11 through 14.
The 75-story tower has more than 1.4 million square feet of Class A space, the Los Angeles Business Journal reported.
Marsh & McLennan is expected to move into the building in September. Asking rent for the space was $3.66 a square foot a month, sources told The Real Deal.
Jeffrey Welch, Lynn Williams and Michael Hartwick of CBRE represented the tenant.
John Eichler, Peter Collins and Tyler Stark of Cushman & Wakefiled represented landlord OUE.