News

The Los Angeles City Planning Commission has given the green light to a planned high-rise mixed-use development in downtown.
Renewed investor interest and a focus on fighting crime could help L.A.’s beleaguered downtown finally turn a post-COVID ...
The Bloc features Alamo Drafthouse, restaurants, Uniqlo, a Macy’s and Sheraton Grand Los Angeles, in addition to roughly 730K SF of office space. It sits above and connects to the Seventh Street ...
The shimmering office towers of the downtown Los Angeles skyline conceal a hard truth — much of the space is empty. In the years since the COVID-19 pandemic began, upending workplace norms and ...
The real estate services firm CBRE recently reported that only about two-thirds (65%) of office space in downtown Los Angeles was occupied in the first quarter of 2024, according to the Times.
A succession of defaults on towers has unfolded as demand for space drops in the downtown Los Angeles office market. Brookfield Corp., one of the largest office owners in downtown Los Angeles ...
Most haven't acted yet because overall demand for office space as COVID-19 wanes is yet to be established, ... Downtown Los Angeles, the city's oldest office market, ...
The overall vacancy rate in Downtown Los Angeles hit 32.8% at the end ... The top floor in the building on Lake Avenue has a rooftop deck that Wedbush plans to build out as an outdoor office space.
The COVID-19 pandemic’s impact on commercial real estate — especially office space — has been well-established. Even so, some of the numbers coming out of downtown Los Angeles are staggering.