L.A. Office Leasing Hits Highest Level Since 2019
AI Summary
Los Angeles County office leasing reached its highest level since 2019 in the third quarter, with about 4 million square feet leased. Activity rose 15 percent year over year and 0.7 percent from the previous quarter, suggesting the market is gradually stabilizing.
Los Angeles County office leasing climbed to its highest level since 2019 during the third quarter in another sign that the market is slowly stabilizing. Tenants signed about 4 million square feet of office leases in July, August and September, up 15 percent from a year ago and 0.7 percent from the second quarter, according […]
Markets Real Estate Los Angeles office leasing commercial real estate leasing volume market stabilization third quarter