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Diminished Office Sales Activity in Los Angeles Persisted in 2022

Activity Well Below Pre-Pandemic Averages
CoStar Analytics
January 25, 2023 | 10:24 P.M.

Sales activity in the Los Angeles office market remained subdued in 2022, making it the third year in a row that volumes have been restrained. Los Angeles County registered $5.7 billion in office sales, with the first half of last year seeing stronger activity than the second half. The last quarter of 2022 reported only $800 million worth of activity.

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