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History

History

A brief history

Maguire Properties, Inc., a publicly-traded real estate investment trust, is one of the largest owners, developers and managers of first-class office properties in Southern California with a significant presence in key submarkets such as Downtown Los Angeles, the Tri-Cities, Santa Monica, the Irvine Airport market and Anaheim Stadium area in Orange County and Sorrento Mesa in San Diego County.

Maguire developed over 33 million square feet of institutional quality office space across the United States during its history. Of particular note was the emergence of the Bunker Hill district in Downtown LA which resulted in the development of the Wells Fargo Center as well as the landmark 72-story US Bank Tower and The Gas Company Tower.

Since the company’s IPO in 2003, Maguire has continued to expand its dominant position in Southern California by making strategic acquisitions in the key markets of Los Angeles, Orange County and San Diego. This expansion was marked by the 2005 purchase of CommonWealth Partners’ portfolio of ten office properties that comprised nearly five million square feet of office space and the April 2007 purchase of twenty-eight properties comprising eight million square feet from EOP/Blackstone in Orange County and Downtown Los Angeles. These defining transactions have firmly established Maguire as a major presence throughout Southern California.