LA’s trophy office market softens despite flight to quality
The top-tier office market in Los Angeles is showing signs of strain, as rising vacancies and continued downsizing among major tenants paint a challenging picture for landlords. The Class A office vacancy rate in L.A. hit 23.6 percent in the first quarter, with Class B properties close behind at 16.9 percent, Bisnow reported, citing figures […]This article originally appeared on The Real Deal. Click here to read the full story.
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