Irvine, California based Premier Business Centers (www.pbcenters.com) has signed a lease at the Wells Fargo Center in Bunker Hill for a second Downtown Los Angeles Executive Suite location. The lease is for 21,198 rentable square feet and has a total value of $2.1 million.
Premier Business Centers' newest executive suite operation is located at 333 South Grand Avenue, 25th floor in the Wells Fargo Center, which sits at the highest point of Bunker Hill in Downtown Los Angeles. The center is currently open for business and consists of 79 offices. The building sits on the corner of Grand Avenue and 3rd Street. The 54-story Wells Fargo Center and its sister building that stands next to it, the 45-story KPMG Tower represent a prime location at the heart of the city. "We were very excited to have the opportunity to establish a Premier Business Centers' executive office suite, in what is one of the most prestigious Class A high rise buildings in Downtown Los Angeles.", expressed Jeff Reinstein, Chief Executive Officer of Premier Business Centers. The Wells Fargo Center's amenities include Nick & Stef's Steakhouse, California Pizza Kitchen, California Crisp, Le Petite Boulangerie, Taipan, Pentolino and McDonald's. Specialty shops include Mrs. Field's Cookies, Rocky Mountain Chocolate and Starbucks. This location offers easy access to the Pasadena/Harbor (110) and Hollywood (101) freeways. The 25th floor of the Wells Fargo Center offers incredible panoramic views of the surrounding cityscapes and mountain ranges. Will Adams and Paul Stockwell of Studley, Inc. represented Premier Business Centers and Joseph T. Faulkner and Christopher G. Cunningham of Charles Dunn Company, Inc. represented the Sublandlord.