{"id":167665,"date":"2025-08-22T23:11:09","date_gmt":"2025-08-22T23:11:09","guid":{"rendered":"https:\/\/www.europesays.com\/us\/167665\/"},"modified":"2025-08-22T23:11:09","modified_gmt":"2025-08-22T23:11:09","slug":"consulate-of-india-signs-lease-in-downtown-los-angeles","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/167665\/","title":{"rendered":"Consulate of India signs lease in downtown Los Angeles"},"content":{"rendered":"\n<p>The Consulate General of India is carving out new space in Los Angeles with a lease for a full floor in a downtown skyscraper. <\/p>\n<p>The <a class=\"link\" href=\"https:\/\/www.costar.com\/article\/2061241309\/consulate-of-india-inks-rare-new-commitment-for-downtown-los-angeles?culture=en-US&amp;source=sharedNewsEmail&amp;t=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJjdWx0dXJlQ29kZSI6ImVuLVVTIiwiaWF0IjoxNzU1NzI3NTQyfQ.8kb0ANII4TQThwg8cbSisbrgdXPlrJhhuizBZ4j66AA\" target=\"_blank\" rel=\"noopener\">Indian consulate<\/a> is moving into the AON Center at 707 Wilshire Boulevard, once the tallest building in downtown. The 10-year lease covers 20,507 square feet and is a bright spot amid high office vacancy rates in the area. <\/p>\n<p>The space will be the consulate\u2019s second office in California. A consulate has been operating in San Francisco since the 1950s. <\/p>\n<p>The move signals expanded cooperation between Los Angeles and India as Southern California prepares to host global events, including the <a class=\"link\" href=\"https:\/\/www.latimes.com\/sports\/olympics\/story\/2025-07-14\/2028-los-angeles-olympics-schedule-first-look\" target=\"_blank\" rel=\"noopener\">2028 Olympics<\/a> and parts of the 2026 FIFA World Cup. <\/p>\n<p>\u201cLos Angeles is the most important U.S. city in the western hemisphere,\u201d said Gunjan Bagla, <a class=\"link\" href=\"https:\/\/www.latimes.com\/b2b\/events\/la-executive-awards\/gunjan-bagla\" target=\"_blank\" rel=\"noopener\">chief executive<\/a> of the U.S. and India consultancy firm Amritt. \u201cHaving a local diplomatic presence here is crucial, and up until now, we have not had that.\u201d<\/p>\n<p>More than half a million Indian Americans reside in Southern California, and Los Angeles relies on Indian tourists and those seeking education in the U.S. to bolster its economy, Bagla said. With <a class=\"link\" href=\"https:\/\/www.latimes.com\/sports\/olympics\/story\/2023-10-09\/los-angeles-2028-olympics-provisional-sports\" target=\"_blank\" rel=\"noopener\">cricket<\/a>\u2014a hugely popular sport in India\u2014coming to the Olympics, tourism from the country is expected to skyrocket, he said. <\/p>\n<p>California is the only state to host two Indian consulates, according to Bagla. The Los Angeles consulate will also serve Arizona, New Mexico and Nevada. <\/p>\n<p>The move into the AON Center comes as downsizing and tenant move-outs in downtown have sent the office vacancy rate to a record high of 22%, according to commercial real estate company Costar. The consulate chose downtown for its proximity to constituents and Los Angeles City Hall, and because the State Bank of India has a branch in the same building. <\/p>\n<p>\u201cSecuring a home at AON Center not only provides a world-class office environment but also places the consulate at the heart of the city, making its essential services more accessible to the Indian-American community across Southern California,\u201d said NAI Capital Executive Vice President Tina LaMonica, who represented the consulate in the transaction. <\/p>\n<p>The AON Center opened in 1974 and underwent renovations after a fire in 1988. The building has lost some of its prestige since its prime, but remains a presence in the downtown skyline. <\/p>\n<p>Bagla said the prominent location will heighten the impact for business leaders across industries. <\/p>\n<p>\u201cAmerican business leaders in entertainment, aerospace, electric vehicles, telecommunications and biotech will now have direct access to Indian diplomats for trade, investment, and cultural connections,\u201d he said. <\/p>\n<p>The newly leased office space will be ready for occupancy in November. The Indian consulate will join a handful of other foreign missions downtown, including the Consulate General of the Arab Republic of Egypt and the Consulate General of the Republic of Indonesia. <\/p>\n","protected":false},"excerpt":{"rendered":"The Consulate General of India is carving out new space in Los Angeles with a lease for a&hellip;\n","protected":false},"author":3,"featured_media":167666,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5123],"tags":[24803,96224,58771,1582,276,96222,2499,96223,96228,96225,1567,96226,2961,224,5337,96227,63243,3777,96229],"class_list":{"0":"post-167665","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-los-angeles","8":"tag-aerospace","9":"tag-aon-center","10":"tag-business-leader","11":"tag-ca","12":"tag-california","13":"tag-consulate","14":"tag-downtown-los-angeles","15":"tag-gunjan-bagla","16":"tag-high-office-vacancy-rate","17":"tag-important-u-s-city","18":"tag-india","19":"tag-indian-consulate","20":"tag-la","21":"tag-los-angeles","22":"tag-losangeles","23":"tag-move-signal","24":"tag-new-space","25":"tag-olympics","26":"tag-same-building"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/115074949686383051","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/167665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=167665"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/167665\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/167666"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=167665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=167665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=167665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}