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This Los Angeles Property Shows Struggles of Some Downtown Owners in Luring Buyers

Economic Uncertainty, High Borrowing Costs Hurt Real Estate Sales
A roughly 33,000-square-foot retail property at 940 S. Hill St. in downtown Los Angeles. (CoStar)
A roughly 33,000-square-foot retail property at 940 S. Hill St. in downtown Los Angeles. (CoStar)
CoStar News
December 13, 2023 | 12:04 AM

To get a sense of how tough it can be to sell some commercial real estate these days, look no further than this downtown Los Angeles property that has sat on the market for most of the year.

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