Colliers International is pleased to present for sale the property at 408 South Spring Street in the Downtown Los Angeles neighborhood of The Historic Core. Retained by the seller as exclusive advisors, Colliers is offering a rare opportunity to acquire a historic and iconic building totaling approximately 77,032 square feet. The Continental Building is currently entitled for a 172-key hospitality project, but could also be envisioned for the use of a creative office or high-end multifamily, mixed-use apartment or condominium development.
At the turn-of-the-century, The Continental Building was the first ever high-rise built in Los Angeles and reigned as the tallest building in the city for over 50 years. In 1904, architect John Parkinson envisioned and designed a modern and “state of the art” building decorated lavishly in the Beaux-Arts style. 116 years later… The Continental Building still remains one of Downtown Los Angeles’ most treasured architectural gems primed and ready to be polished and shine bright amongst the city lights once again. Click here to read more history at Los Angeles Conservancy.
865 S. Figueroa Street, Suite 3500, Los Angeles, CA 90017
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