Situated at the base of a 700,000 square-foot building, the retail space at the Union Bank Plaza offers businesses a robust consumer base from multiple sources. This iconic high rise office tower is currently undergoing a $24 million renovation, which will enhance the property overall and benefit the two-story retail center. Outside of Union Bank, Yoka & Smith LLP, Regus, and Enterprise Rent A Car also call the building home and employ a large population. In the surrounding area, top universities such as USC and significant law, architectural, and real estate firms such as Lewis Brisbois Bisgaard Smith, Gensler, and Cushman & Wakefield provide even more potential customers. In total, 25 million square feet of office space and more than 1,500 hotel rooms are located within the vicinity. There are more than 110,000 residents in a quarter-mile radius of the Union Bank Plaza, and the property is centrally located to both heavy foot and vehicular traffic. A combined 40,000 daily drivers pass by the intersection of 5th Street and Figueroa Street, and the building is located midway between the 2nd and 7th Street stations on the Los Angeles Metro Rail System.