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Douglas Emmett CEO Expects Its Occupancy To Fall

Los Angeles REIT Says Office Leasing Won’t Slow
Warner Bros. Discovery occupies space in a Douglas Emmett-owned building at 3400 W. Riverside Drive in Burbank, California. (Evan Bracken/CoStar)
Warner Bros. Discovery occupies space in a Douglas Emmett-owned building at 3400 W. Riverside Drive in Burbank, California. (Evan Bracken/CoStar)

A major Los Angeles real estate investment trust is predicting its office space occupancy will further decline but expects demand to pick up in the quarters ahead.

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