For the second time in barely a month, a trophy tower owned by Canadian real estate giant Brookfield's DTLA REIT in Los Angeles has been placed in receivership.
The same receiver that was appointed by the Los Angeles Superior Court to oversee the receivership on the Gas Company Tower at the end of last month—Gregg Williams of Trident Real Estate—was again tapped by the court this week to handle the receivership for EY Plaza, a 41-story tower that is the headquarters for accounting giant Ernst & Young.
Colliers announced Thursday that Williams has awarded it the exclusive leasing and property management assignment for the 968K SF tower at 725 S. Figueroa St. Williams also tapped Colliers to market the sale of the Gas Company Tower.
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