KTGY Architecture + Planning has found a new home.
The residential architecture firm inked a deal for its new headquarters at Rising Realty Partners’ recently renovated Trust Building. KTGY will take 15,730 square feet at the nearly century-old building at 433 S. Spring St.
KTGY, which had been operating in Playa Vista, is the first tenant Rising has signed since the $40 million creative office remodel was completed, the company announced Friday. Spanning 340,000 square feet, the 1928-built Trust Building now includes a concierge, valet parking and a roof deck.
The architecture firm’s principal, David Senden, said the company wanted to be closer to many of its clients in the downtown area. Last year, KTGY was fourth on The Real Deal’s ranking of top architecture firms in Los Angeles, with $148 million in value of projects and 1.2 million square feet.
Its new office on the seventh floor of the landmark Art Deco Trust Building will include outdoor deck space, an open floor plan, lounge and room for approximately 60 employees. KTGY also has offices in Chicago, Denver, Irvine, Oakland, among others.
Rising bought the iconic tower — formerly the headquarters of Title Insurance and Trust Co. — with Lionstone Investments in 2016 for around $80 million, records show. The joint venture then undertook and completed work on the 11-story building.
Gary McArdell of Lee & Associates represented KTGY. Mike Condon Jr.’s team at Cushman & Wakefield represented the landlords.