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Since this property's initial purchase in 1977, as Milbank's first United States acquisition, it has undergone major enovations through Milbank's in-house construction department, most recently in excess of $1.5 million. |
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This two-time winner of the BOMA "Office Building of the Year Award" and past winner of the Rose Award for "Best Structure," is a top tier office building in the Downtown Los Angeles Central Business District. Situated directly above two main lines of the Los Angeles MTA subway system, this property is home to the famous "Sky Lobby," decorated with renowned murals and vaulted ceilings. Figueroa Tower's prestige has made it home to many of the area's most prominent law firms and corporations. |
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Milbank has begun its plans to revitalize this prestigious property after years of neglect and reestablish First National Center as the anchor of downtown Oklahoma City. This elaborate historic downtown building offers tenants the luxuries of awe-inspiring Art Deco and Neoclassical architecture and design, unparalleled location at the “100 Percent Corner,” an outstanding 1 million square feet of office and retail space and direct access to the Underground tunnel system. |
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After Milbank's acquisition of this property in 1995, Milbank negotiated a long-term lease agreement with Brooks Fiber Communications (which was subsequently acquired by MCI WorldComm) in order to anchor the property. Milbank also constructed a telecommunication fiber optic switchboard on-site.
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