Bank of America Plaza in Downtown Los Angeles has changed hands in a court-supervised transaction, with Colliers announcing the sale of the 333 S. Hope St. office tower. The 1.4 million square foot property, also known by its address as 333 S. Hope St., was sold through a receivership sale in which fee-simple title was delivered at closing. According to Colliers, the asset achieved a sale price of $210 million, marking the largest office sale in the city of Los Angeles so far in 2026 and the largest office transaction in Los Angeles County since 2023.
The property was marketed and sold by a Colliers investment sales team working on behalf of a court-appointed receiver. Vice chair Sean Fulp, executive vice presidents Mark Schuessler and Todd Tydlaska, and associate vice presidents Jordan Garcia and Blake Hammerstein led the assignment for Colliers. Their mandate was to position the property for disposition under the receiver’s direction and to navigate the receivership sale process with the court and special servicer.
The buyer of Bank of America Plaza is Capital Group, which was represented by JLL in the transaction. JLL’s team included Kevin Bender and Andrew Harper, who advised Capital Group on the acquisition. The transaction structure did not include seller financing, with Colliers indicating that pricing and terms were achieved without the need for additional seller-backed capital support.
The sale involved collaboration among the receiver, the special servicer, and the brokerage teams to bring the asset to market under receivership. Chris Nielsen, managing partner and co-head of Trigild, served as the court-appointed receiver overseeing the property and worked with the Colliers team throughout the process. The closing delivers a new ownership structure for one of Downtown Los Angeles’s most prominent office towers while resolving a receivership situation at a large-scale asset.
Commenting on the outcome, Schuessler described the sale as an important milestone in the ongoing evolution of Downtown Los Angeles. He also characterized the transaction as another benchmark for the Colliers team, emphasizing that the combination of achieved pricing and deal terms surpassed initial expectations set for the receivership sale.
