Wedbush Securities joins downtown LA exodus, opting for smaller, more flexible office in Pasadena
One of downtown Los Angeles' familiar tenants is pulling up stakes as the office rental market continues to contract from shrinking occupancy stoked by the pandemic. Financial services firm Wedbush Securities has begun its move from a prominent office tower to Pasadena, where it will occupy much smaller offices meant to accommodate employees who now work remotely much of the time. The firm is ...
by Roger Vincent, Los Angeles Times
Oct 15, 2024
3 minutes
One of downtown Los Angeles' familiar tenants is pulling up stakes as the office rental market continues to contract from shrinking occupancy stoked by the pandemic.
Financial services firm Wedbush Securities has begun its move from a prominent office tower to Pasadena, where it will occupy much smaller offices meant to accommodate employees who now work remotely much of the time.
The firm is leaving behind Wedbush Center, which overlooks the Harbor Freeway and sports two signs on top bearing the company name. Wedbush has been headquartered in the Wilshire Boulevard building since 2001 and its lease
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