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The Wedbush Center is a prominent office building located in Los Angeles, California. It serves as the headquarters for Wedbush Securities, a financial services company.
The building is situated in the heart of the city, offering stunning views of the surrounding area.
Wedbush Securities is a privately held company that provides a range of financial services, including investment banking, trading, and asset management.
The company was founded in 1955 by Edward Wedbush and has since grown to become one of the largest independent financial services firms in the US.
Wedbush Center
The Wedbush Center is a 21-story high rise located in the heart of DTLA, towering above the 110 freeway. It's an iconic post-modern building that offers a recently renovated lobby.
You can grab a bite to eat at the Harbor House restaurant, which has a full outdoor bar and large patio seating. The views of the DTLA skyline and the Westside are simply stunning, with 360-degree views from every floor.
The building is conveniently located just one block from the 7th street metro station, and surrounded by three two-way streets, making it easy to get around.
Location
The Wedbush Center is located in downtown Los Angeles, California. It's situated in the heart of the city, making it easily accessible by car, public transportation, or on foot.
The center is nestled between the 101 and 110 freeways, providing convenient access to the surrounding areas. This strategic location makes it a popular spot for both locals and tourists.
The Wedbush Center is within walking distance to several major attractions, including the LA Live complex and the Convention Center.
Description
Wedbush Center is an iconic post-modern high rise located in the heart of the DTLA.
The building stands 21 stories high and towers above the 110 freeway, offering stunning views of the surrounding area.
It's conveniently located directly within one block from the 7th street metro station, making it easy to get around.
The building's lobby has been recently renovated, and it's a great place to start your day or take a break.
You can also enjoy a meal or drink at the Harbor House restaurant, which has a full outdoor bar and large patio seating.
The unique full-floor and spec suite opportunities range from 3,000-25,000 RSF, giving you plenty of options to choose from.
These suites all come with 360 degree views of the DTLA skyline and the Westside, which is a real treat.
Access to the building is extremely convenient, with 3 two-way streets surrounding it.
Wedbush Securities
Wedbush Securities is a well-established player in the financial industry, with a rich history dating back to 1977. They offer a range of services including institutional sales, trading, and research.
Their expertise in the field is evident in their ability to provide in-depth analysis and research to their clients. This is particularly evident in their coverage of the entertainment and technology sectors.
As a prominent player in the financial industry, Wedbush Securities has a strong reputation for providing accurate and reliable information to their clients.
HQ Sublease
Wedbush Securities has put its Downtown L.A. office up for sublease.
The office space is located at Cerberus Capital Management's 1000 Wilshire Boulevard and spans about 100,000 square feet.
Wedbush holds a lease on the property through 2025, according to the marketing brochure.
The asking rate for the sublease is negotiable, but direct monthly asking rents for office space in Downtown L.A. in the first quarter were $3.75 per square foot, according to Savills.
About 10.4 million square feet of office space was available for sublease across Los Angeles in the first quarter, with about 14 percent of that space in Downtown L.A.
Before the pandemic in 2019, about 4 million square feet was on the market for sublease.
Company Information
Wedbush Securities is a financial services company that has been around since 1977. It was founded by Norman W. Pappadopoulos and Bruce M. Gill. The company is headquartered in Los Angeles, California.
Wedbush Securities is a privately owned company, which means it is not publicly traded on any stock exchange. This is likely due to its private ownership structure.
The company offers a range of financial services, including investment banking, trading, and brokerage services. Its services cater to individual investors, institutional investors, and corporations.
Wedbush Securities has a strong presence in the financial industry, with over 1,000 employees across its offices.
Sources
- https://therealdeal.com/la/2023/05/31/wedbush-securities-puts-dtla-headquarters-up-for-sublease/
- https://www.commercialcafe.com/commercial-property/us/ca/los-angeles/wedbush-center/
- https://www.bisnow.com/events/los-angeles/neighborhood/the-future-of-downtown-los-angeles-2362
- https://therealdeal.com/la/2024/10/16/wedbush-securities-relocates-headquarters-from-la-to-pasadena/
- https://labusinessjournal.com/real-estate/wedbush-center-downtown-sells-196m/
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