Tenants Take 28,000 SF at 505 N. Brand

GLENDALE, CA-Two tenants have signed leases for a total of 27,800 sf at the 320,000-sf 505 N. Brand office tower, according to Jones Lang LaSalle. The leases include a 10-year deal by HSGC Bank USA for a 5,000-sf retail branch on the ground floor and a five-year expansion by United Healthcare that will put the company into 22,800 sf for five years.

Managing director John McAniff of Jones Lang LaSalle reports that HSBC Bank expects to move into its space this month. United Healthcare, formerly in 5,400 sf on the eighth floor of the building, will expand onto the 12th floor. McAniff was part of a team including leasing director Tim Miller and associate Chris Dillavou that represented building owner LaSalle Investment Management on the two transactions, which were valued at $2.8 million each.