Bank of Hope is trading Koreatown for the Downtown skyline, relocating its headquarters from the North Tower at 3200 Wilshire Boulevard to the Aon Center at 707 Wilshire Boulevard in the heart of Los Angeles. Commercial real estate brokers say the deal is another quiet but meaningful vote of confidence in Downtown LA’s office core as leasing activity starts to stabilize after several rough years.
According to CoStar, the move shifts the largest Korean‑American bank’s executive offices into one of the city’s most prominent towers. The report, published March 18, 2026, identifies the brokers on the transaction and spells out both the Koreatown and downtown addresses. Those brokers told CoStar they see the relocation as part of a cautious rebound for select Class A buildings downtown.
The bank’s own SEC filings list its current headquarters as 3200 Wilshire Boulevard, Suite 1400, in Koreatown, confirming the starting point for the move, according to Bank of Hope. Once the executive team is based downtown, the bank’s leadership will be sitting squarely in the city’s financial district.
The Aon Center at 707 Wilshire is described as a longtime downtown landmark, with management highlighting large floorplates, upgraded amenities, and Wilshire‑facing frontage aimed at corporate tenants. Aon Center promotes the tower’s prominence and Class A services as key selling points.
Why Brokers Say It Matters
Downtown’s office market has been under pressure, with availability pushed into the high‑20s, but brokerage research suggests early signs of stabilization in certain pockets. Colliers reported that Downtown LA was grappling with near‑30 percent availability in mid‑2025, and brokers argue that selective leases by established firms are often an early indicator that a recovery is forming.
Other Recent Bank Moves
The Aon Center has already been drawing other financial tenants. The Los Angeles Business Journal reported that California Bank & Trust shifted its Los Angeles operations into the building in late 2024. The Los Angeles Times covered Banc of California’s 2025 expansion in Downtown LA, moves that brokers now cite when they talk about renewed institutional interest in high‑end office space.
What To Watch Next
CoStar’s reporting does not spell out a public timeline for Bank of Hope’s relocation and does not include comments from a bank spokesperson, leaving lease records and future corporate filings as the best clues for when the change will formally take effect. CoStar notes those missing details in its coverage.
