Local office leasing volumes in the second half of 2022 moderated after a strong start to the year. The past two quarters saw an estimated 8.6 million square feet of space leased in the Los Angeles office market, 17% below levels seen in the first half of 2022.
LA Office Leasing Activity Trails Off At Year-End
Vacancy Reaches All-Time High as Moveouts Continue To Assail Market
By Ryan Patap
CoStar Analytics
January 5, 2023 | 6:43 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In