Los Angeles might be known for entertainment and technology, but over the past year, those industries have given way to other types of companies when it comes to taking office space. Since last year, ...
Los Angeles’ office market is looking at 679K SF of negative absorption and a vacancy rate over 24%, according to CBRE.
The greater Los Angeles office market had just 1.7M SF of office space under construction as of the second quarter, and there were no new starts in the same period, according to data from CBRE.
Greater Los Angeles’ office market has faced high availability rates and weak demand since the pandemic, and a new market analysis indicates a full recovery is still miles downstream. Roughly 3.5 ...
When one thinks about Los Angeles County’s office market, images of vacant desks and cratering property values often come to mind. Office vacancy rates across Greater L.A. continue to hover around 25 ...
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