Anderson Real Estate has completed a $550 million refinancing of Anderson Towers, its two-building office campus at 1800 and 1900 Avenue of the Stars in Century City, Los Angeles.
The transaction marks the latest milestone in Anderson’s multiyear repositioning of Anderson Towers. Since 2021, Anderson has invested more than $300 million in the properties, funding a renovation designed to create a modern workplace destination in Century City. The campus is 98.1 percent leased.
“We’ve invested in Anderson Towers because we believe deeply in the long-term strength of Century City and in creating office environments that will continue to attract leading companies to Los Angeles,” said Matt Lavin, executive chairman of Anderson Real Estate. “The leasing success we have achieved across the campus has validated that conviction. This financing represents another important milestone for Anderson Towers and underscores our long-term commitment to these properties and th