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Bank of China Signs $3-Mil Expansion Lease

LOS ANGELES-The state-run bank will take the entire 39th floor at Downtown's Citibank Center, part of its mission to help Chinese companies do more business here and promote additional US investment overseas.

By David W. Myers | Updated on December 04, 2001

LOS ANGELES-The Bank of China has signed a $3-million deal to renew and expand its office space at Downtown’s Citibank Center office complex.

Under terms of the seven-year lease, the bank will occupy all 14,571 sf of Citibank Center’s 39th floor. The highrise stands at 444 S. Flower Street.

Bank of China is one of its nation’s four big state-owned banks. It opened its LA branch at Citibank Center in 1988 to help Chinese companies do more business in America and to promote more US investment overseas.

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