OUE disclosed the commencement of exploratory discussions with a prospective buyer When the 72-story office tower at 633 West Fifth Street hit the market last year, the seller was reported to be seeking a price of around $700 million. This event space has unobstructed 360-degree panoramic views of Los Angeles, from the Hollywood Hills to the Pacific Ocean. SKYSPACE IS CURRENTLY TEMPORARILY CLOSED Hours are subject to change. OUE Skyspace LA. The main viewing deck floor has the standard bar/cafe and some nice sitting areas. Bank Tower was built in 1989, and OUE acquired the property for $367.5 million in 2013. The U.S. Bank Tower in downtown Los Angeles has a buyer. OUE Ltd., a diversified real estate company listed on the Singapore stock exchange, … Currently the venue is available for private, corporate and special events. Please Allow Javascript and reload this page.Singapore-based OUE had sought $700M for iconic Downtown property early last yearThe seller, Singapore-based investment management firm OUE Limited, announced the New York-based Silverstein Properties and other U.S. firms had been reported to be interested in the property. Closing may be extended by one month in exchange for an additional $5 million deposit.The sale will allow OUE to “streamline its asset ownership in a period when the longer term outlook of the U.S. property market may not be favourable,” the announcement said, noting that rental income from the property has been impacted by coronavirus.The proceeds from the sale may be recycled into “higher growth reinvestment opportunities” or increase cash reserves amid the uncertain economic climate. OUE skyspace LA is, like most tower viewing decks, a touch overpriced.
Whether you choose one of our Skyspace signature cocktails, a crisp beer from one of LA’s vibrant breweries, a glass of the finest Southern California wine, or a taste of our handcrafted bites, any will pair perfectly with the breathtaking views of Los Angeles.Enjoy LA’s unparalleled 360° views from California’s tallest open-air observation terraces and see iconic landmarksOUE Skyspace is located at 633 West 5th Street, Los Angeles, CA 90071, in the iconic U.S. Bank Tower.We use a variety of methods to gather information to help ensure that your experience is as efficient and accommodating as possible. For full functionality of this site it is necessary to enable JavaScript. Experience the Skyslide, a 45-foot, fully enclosed, all-glass adventure landing on the exterior of the iconic US Bank Tower. OUE Skyspace is located at 633 West 5th Street, Los Angeles, CA 90071, in the iconic U.S. Bank Tower.
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