JULY 29, 2025

ASB Welcomes HexClad to Downtown LA’s AT MATEO

LOS ANGELES, CA — ASB Real Estate Investments (ASB) welcomes HexClad, the fast-growing cookware brand backed by Gordon Ramsay, to AT MATEO in downtown Los Angeles’ Arts District following their long-term lease of 28,860 square feet of space. HexClad will establish its new headquarters at the creative office campus, joining a dynamic tenant roster that includes Spotify, USC Roski School of Art and Design, and Kong Studios. AT MATEO is 100% leased, underscoring continued demand for high-quality, design-forward workspace in one of LA’s most vibrant and walkable neighborhoods. ASB owns AT MATEO on behalf of its Allegiance Fund, a core investment vehicle.

AT MATEO comprises approximately 195,000 square feet of space in four buildings on a former industrial site, designed in keeping with surrounding heritage Arts District architecture. The two- and three-story buildings feature laminated wooden beams and brick interiors with high ceilings, floor-to-ceiling glass, and roof decks. Walkways are cobblestoned with open-air paseos between the buildings. The property also has a four-level, 540-car parking structure which includes bike parking and electric vehicle charging stations.

About ASB Real Estate Investments
ASB Real Estate Investments, a division of ASB Capital Management LLC, is a leading U.S. real estate investment management firm with $6.1 billion* in gross assets under management from over 300 institutional clients. Headquartered in the Washington, D.C. area, ASB invests in high-demand markets across the United States, concentrating in industrial, multifamily, self-storage, retail, and office properties.

* as of June 30, 2025

The information provided in the release does not constitute an offer to sell or buy securities or the solicitation of an offer to sell or buy securities.

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