- CEO
- Rafael Resendes
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 34 East Putnam Avenue Greenwich CT United States of America 6830
- IPO Date
- Oct 27, 2025
- Business
- MPG Office Trust, Inc. (NYSE: MPG) operates as a self-administered and self-managed real estate investment trust (REIT) focused on the ownership, management, leasing, acquisition, development, and operation of Class A commercial office properties, primarily in the Los Angeles Central Business District (LACBD), Orange County, California, and select markets including San Diego and Denver; through its controlling interest in MPG Office, L.P. (the operating partnership), the company provides full-service real estate capabilities encompassing property management, marketing, leasing, acquisitions, development, financing, structured parking, and ancillary services for residential, office, retail, hotel, and parking garage assets totaling approximately 16 million net rentable square feet of office space, one 350-room hotel, and parking for around 33,000 vehicles, plus undeveloped land supporting up to 5 million square feet of additional mixed-use development. Headquartered at 355 South Grand Avenue, Suite 3300, Los Angeles, California 90071, MPG Office Trust traces its origins to Maguire Properties, Inc., rebranded as MPG Office Trust in 2010 following leadership changes. The company targets institutional tenants and corporate occupants in high-quality, premier urban office environments within Southern California gateway markets.
In a transformative strategic shift completed on October 15, 2013, affiliates of Brookfield Office Properties Inc. (now Brookfield Properties) acquired MPG Office Trust, Inc. through a newly formed fund, Brookfield DTLA Holdings LLC (branded as DTLA Holdings or Brookfield DTLA), sponsored and managed by Brookfield with approximately 47% ownership and institutional partners holding the remaining 53%; this $180 million transaction integrated MPG's portfolio of seven key Class A downtown Los Angeles properties—totaling 8.3 million square feet, including landmark towers such as Wells Fargo Tower, Gas Company Tower, KPMG Tower, and 777 Tower—with Brookfield's existing LACBD assets like Bank of America Plaza and Ernst & Young Tower, solidifying Brookfield as the largest office landlord in downtown Los Angeles. No major acquisitions, partnerships, funding rounds, product launches, or operational reorganizations have been reported for MPG Office Trust as an independent entity in the last 1-2 years, consistent with its delisted status post-acquisition and integration into Brookfield DTLA structures referenced in filings through 2025. The ticker MPG now trades on OTC markets as a legacy symbol (MPG-OLD), reflecting the completed merger's liquidity event for shareholders.