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Real Estate

PacMutual Plaza is prime office space again

Rising Realty Partners bought PacMutual Plaza, at 6th and Olive streets, for $60 million in 2012. It ripped out false ceilings and scraped plaster off the brick walls. On some floors it tore down walls to make small offices into big ones.

Rising Realty Partners bought PacMutual Plaza, at 6th and Olive streets, for $60 million in 2012. It ripped out false ceilings and scraped plaster off the brick walls. On some floors it tore down walls to make small offices into big ones.  (Jay L. Clendenin / Los Angeles Times)

Renovated PacMutual Plaza is back in demand as tenants shun conventional, formal offices in favor of wide-open rooms, exposed brick and polished concrete.

PacMutual Plaza

Exposed brick and concrete inside the leasing office of Rising Realty reflect the look of the office space in the Pacific Mutual building at 523 W. 6th St. in downtown Los Angeles.   (Jay L. Clendenin / Los Angeles Times)

PacMutual Plaza

A modern space is created around an original concrete pillar in the office of architecture firm NBBJ, in the Pacific Mutual building at 523 W. 6th St. in Los Angeles.  (Jay L. Clendenin / Los Angeles Times)

PacMutual Plaza

Open office space and exposed, original concrete create an edgy look inside the leasing office of Rising Realty, in the Pacific Mutual building at 523 W. 6th St. in Los Angeles.  (Jay L. Clendenin / Los Angeles Times)

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PacMutual Plaza

Drywall was removed to reveal original brick work around windows in the office of architecture firm NBBJ, in the Pacific Mutual building at 523 W. 6th St. in downtown Los Angeles.   (Jay L. Clendenin / Los Angeles Times)

PacMutual Plaza

The lobby of the Pacific Mutual building at 523 W. 6th St. in downtown Los Angeles retains its historic character.  (Jay L. Clendenin / Los Angeles Times)

PacMutual Plaza

The Pacific Mutual building, at 523 W. 6th St. in downtown Los Angeles, dates to 1908.  (Jay L. Clendenin / Los Angeles Times)

PacMutual Plaza

A sign over the exterior of the Pacific Mutual building at 523 W. 6th St. in Los Angeles.  (Jay L. Clendenin / Los Angeles Times)

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PacMutual Plaza

The exterior of the Pacific Mutual building at 523 W. 6th St. in Los Angeles retains historic features.   (Jay L. Clendenin / Los Angeles Times)

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