Bank of America Plaza News

Latest Articles

• Strategic Pivot: Major Tenants Transform into Owners Amid Downtown L.A. Real Estate Slump

  Published: Apr 6, 2026

  Section: Real Estate

  The cratering office market in Downtown Los Angeles (DTLA) is undergoing a fundamental structural shift as historically high vacancy rates drive property valuations to bargain leve...

• Capital Group Secures $210M Deal for Distressed Bank of America Plaza in Downtown Los Angeles

  Published: Mar 31, 2026

  Section: Commercial Properties

  Investment giant Capital Group has entered an agreement to purchase the Bank of America Plaza at 333 S. Hope St. for approximately $210 million. The acquisition of the 55-story tow...

• Capital Group Establishes Major Charlotte Hub Amid $60M Regional Investment

  Published: Mar 31, 2026

  Section: Real Estate

  Capital Group is investing $60 million to open a new operations hub in Uptown Charlotte, expected to generate $5.2 billion in state tax revenue over 12 years. The move includes clo...