The buildings are located in the Fashion District of Downtown Los Angeles.
[1] The California Mart was built for Harvey and Barney Morse, two brothers from New York City who started a clothing factory in Downtown Los Angeles in the early 1960s.
[7] The buildings were owned by the Morse family until 1994, when it was foreclosed and acquired by the Equitable Life Assurance Co.[2] They were listed for sale in 2000,[2] and they were acquired by the Hertz Investment Group, chaired by Judah Hertz.
[8] In 2004–2005, the building complex was sold to the Jamison Group, owned by investor David Lee, for US$135 million.
[11] In November 2018 Brookfield unveiled renderings for a $170 million overhaul of the property.