Insignia/ESG Office to Move to L.A.

Insignia/ESG, one of the nation’s largest real estate services firms, said it will locate its Western regional headquarters in downtown Los Angeles.

The firm, which is operating out of offices in Brentwood, has signed a lease to occupy an entire floor--21,000 square feet--at Citibank Center on Flower Street, said Robert K. Shibuya, executive managing director. The firm has an option to expand to two other floors.

New York-based Insignia/ESG recently established a real estate brokerage unit in Los Angeles in addition to its property management and investment operations.