Chris Rising on Tech Impact on Tenants and Why the Western Market Rules

Chris Rising on Tech Impact on Tenants and Why the Western Market Rules

By Alison Stateman | Commercial Observer

Chris Rising, 49, has witnessed the evolution of the office market firsthand. As a former lawyer and assistant to brokerage legend John C. Cushman, before co-founding Rising Realty Partners with his father Nelson Rising, a noted developer of the U.S. Bank Tower in downtown Los Angeles, among other properties, he has watched as technology radically impacted office space and design. Since 2011, Rising Realty has played a major role in shaping development in downtown Los Angeles.

Urbanize Goes Inside The Trust Building

Urbanize Goes Inside The Trust Building

By Steven Sharp | Urbanize LA

Last month, Rising Realty Partners granted us a tour of The Trust Building, a historic building now in the midst of a full restoration in Downtown Los Angeles.

Completed in 1928 at 433 S. Spring Street, the 11-story structure will offer 338,000 square feet of rentable space atop ground-floor retail upon completion later this year.  Originally known as the Title Insurance and Trust Building, it is being redesigned by a team that includes Gensler and Architectural Resources Group to make the vintage property appeal to modern tenants.

The Closing: Chris Rising

The Closing: Chris Rising

By Alexei Barrionuevo | The Real Deal

Chris Rising is co-founder and president of Rising Realty Partners, a real estate operator and investor based in Downtown Los Angeles. Since relaunching in late 2011, the firm has played a big role in shaping DTLA’s development. Rising Realty Partners is best known for buying the historic PacMutual building for $60 million, spending $25 million to renovate it and ultimately selling it for $200 million — a record Downtown sale at the time. Last year, the firm paired with Colony NorthStar in the purchase of One California Plaza for $460 million. Rising is currently working on a renovation of the 320,000-square-foot former Title Insurance Building at 433 South Spring Street. 

Buy, Build, Sell, or Hold: Investment & Development Insights

Buy, Build, Sell, or Hold: Investment & Development Insights

By Dennis Kaiser | Connect Media

Connect Real Estate Los Angeles featured a jam-packed afternoon of conversations, networking and presentations. More than 500 gathered at the Hotel Indigo in DTLA and heard from commercial real estate leaders and economists about the trends driving decisions in Los Angeles.

Why Studios Should Leave Hollywood

Why Studios Should Leave Hollywood

By Matt Pressberg | The Information

Last fall, CBS put its Television City compound in West Los Angeles on the market, saying that it was worth a lot of money that could be “used better elsewhere.” Other film and TV companies that own vast studio lots in the same area, such as 21st Century Fox, Viacom and Sony, should follow suit. 

Take a 3D Tour of The Trust Building

Take a 3D Tour of The Trust Building

by Steven Sharp | Urbanize LA

Rising Realty Partners has unveiled three-dimensional renderings of the Trust Building, an office restoration project now underway on Spring Street. Built in 1928, the 11-story, 320,000-square-foot building is located at 433 S. Spring Street.  The historic structure, previously slated for adaptive reuse as condominiums, is instead being retrofitted as creative office space with ground-floor commercial space.

Rising's property management turns the struggling Catalina Landing in Long Beach around

Rising's property management turns the struggling Catalina Landing in Long Beach around

By Kelsi Maree Borland | GlobeSt.com

Property management firms are proving to have an important impact on driving value and the success of an asset. One example of the growing importance of property managers is Catalina Landing. Colony Northstar purchased the struggling 280,00-square-foot office property in August 2015, and hired Rising Realty Partners to develop and execute a strategy to turn the property around.

Rising Signs Three Noteworthy Creative Tenants to The CalEdison DTLA

Rising Signs Three Noteworthy Creative Tenants to The CalEdison DTLA

The CalEdison Building at 601 W. 5th St. in downtown Los Angeles recently signed three new tenants: Digital advertising company TubeScience; furniture dealership Systems Source; and market researcher H&M Innovation Labs, according to a statement by building owner Rising Realty Partners.