Law Firm King & Spalding Adds 19K SF at L.A.’s U.S. Bank Tower

Why It Matters

The expanded leases lock in premium office space for two major service firms, reinforcing the U.S. Bank Tower’s status as a hub for high‑value tenants and signaling confidence in Los Angeles’ commercial real‑estate market.

Key Takeaways

• King & Spalding adds 19,000 sf, now occupies full 16th floor
• Lease extension runs through 2033, securing long‑term presence
• Zurich signs 10‑year, 10,500 sf lease on 20th floor
• Silverstein deepens coast‑to‑coast tenant relationships
• U.S. Bank Tower continues attracting major professional services firms

Pulse Analysis

Los Angeles’ office market has shown resilience amid broader economic uncertainty, and the U.S. Bank Tower remains a flagship address for firms seeking prestige and centrality. King & Spalding’s nearly 19,000 sf expansion reflects the firm’s growth trajectory and its desire for a contiguous, high‑grade workspace that supports client meetings and collaborative work. By securing the entire 16th floor, the firm gains branding visibility while benefiting from the tower’s amenities and proximity to other legal and financial players.

The lease extensions underscore a strategic shift toward longer‑term commitments in premium assets. King & Spalding’s five‑year extension through 2033 and Zurich’s decade‑long lease provide Silverstein Properties with stable cash flow and reduce vacancy risk. Zurich’s move from 777 South Figueroa to the tower also illustrates a coast‑to‑coast tenancy model, leveraging Silverstein’s portfolio in both Los Angeles and New York. Such continuity helps insurers and law firms maintain operational consistency while signaling confidence in the landlord’s asset management.

The clustering of professional‑services firms—KPMG, McKinsey, Marsh McLennan, Lincoln International, and now Wilson Elser—creates a synergistic ecosystem that attracts talent and clients alike. This tenant mix elevates the tower’s market positioning, allowing landlords to command premium rents and justifying continued investment in building upgrades. As more firms prioritize location prestige and employee experience, the U.S. Bank Tower is likely to remain a bellwether for premium office demand in the West Coast market.