A flurry of deals with smaller tenants and a record amount of renewals haven't been enough to make up for the lack of demand among larger office users, further complicating Los Angeles landlord Douglas Emmett's attempts to boost occupancy rates across its portfolio.
One of LA’s Largest Office Landlords Pushes Rents Higher Despite Drop-Off in Demand
Douglas Emmett Reports Record Number of Leases in First Quarter
By Katie Burke
CoStar News
May 8, 2024 | 9:21 P.M.
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IN THIS ARTICLE
- Properties
- Studio Plaza
3400 Riverside Dr, Burbank, CA
- Companies
- Douglas Emmett Management, LLC
Real Estate
- Contacts
- Jordan Kaplan
President & Chief Executive Officer, Douglas Emmett Management, LLC
- Stuart McElhinney
Vice President of Investor Relations, Douglas Emmett Management, LLC