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One of LA’s largest office landlords reports spike in new deals

Douglas Emmett signed 353,000 square feet of new leases in the third quarter, boosting occupancy
Los Angeles landlord Douglas Emmett is subdividing its Studio Plaza office building in Burbank, California, into a multitenant property to accommodate demand for smaller spaces. (CoStar)
Los Angeles landlord Douglas Emmett is subdividing its Studio Plaza office building in Burbank, California, into a multitenant property to accommodate demand for smaller spaces. (CoStar)
CoStar News
November 6, 2024 | 9:35 P.M.

Shrinking leases have complicated office landlords' attempts to claw back pandemic-related occupancy losses, but one Los Angeles real estate investment trust is trying to prove that a gust of smaller deals is enough to fill the gaps.

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News | One of LA’s largest office landlords reports spike in new deals