The U.S. Bank Tower in downtown Los Angeles is currently owned by Silverstein Properties , a New York–based real estate developer that bought the building in 2020 and has since completed major renovations.

Quick Scoop: Who Owns the U.S. Bank Tower in Los Angeles?

Current owner

  • The tower is owned by Silverstein Properties, a private real estate developer and owner based in New York.
  • Silverstein purchased the U.S. Bank Tower in 2020 for around 430–460 million dollars from Singapore-based OUE Ltd., which had owned it since 2013.
  • Since the acquisition, Silverstein has positioned the building as a “trophy” office asset in downtown Los Angeles, similar to its World Trade Center holdings in New York.

A quick timeline

  1. 2013: OUE Ltd., a Singapore-listed real estate group, buys the U.S. Bank Tower and related assets for about 367.5 million dollars.
  1. 2020: Silverstein Properties agrees to acquire the tower for roughly 430–460 million dollars during the pandemic-era downtown office slump.
  1. 2023: Silverstein completes a roughly 60 million dollar renovation, adding a redesigned lobby, new food and beverage options, and upgraded amenities and workspaces.

Why this is in the news

  • The tower has stayed in headlines because of the relatively low pandemic-era sale price for such an iconic skyscraper and the scale of Silverstein’s renovation program.
  • Recent leasing news from early 2026 shows Silverstein continuing to land new tenants (including law firms and major corporates), suggesting the repositioning strategy is gaining traction in the shifting downtown L.A. office market.

At-a-glance table

[5][9][1][3][7] [8][1][3][5] [1][3][5] [9][10][7][1]
Question Answer
Who owns the US Bank Tower in Los Angeles? Silverstein Properties, a New York–based real estate developer.
When did they buy it? They acquired it in 2020, with the deal closing around September 2020.
Who was the previous owner? OUE Ltd., a Singapore-listed real estate company that bought it in 2013.
What has the new owner done? Invested about 60 million dollars in renovations, including lobby, amenities, and common areas, completed in 2023.
**TL;DR:** The U.S. Bank Tower in Los Angeles is owned by Silverstein Properties, which bought it in 2020 and has since heavily renovated and re-leased the building.

Information gathered from public forums or data available on the internet and portrayed here.