Inside Brookfield’s DTLA Leasing Strategy

Figueroa at Wilshire, one of Brookfield’s Downtown Los Angeles properties

Brookfield Properties is having a pretty good year with leasing velocity in its Downtown Los Angeles office portfolio. The firm expects to close the first quarter with 200,000 square feet in leasing activity in the market, including a 58,000-square-foot lease at Figueroa at Wilshire with Seyfarth Shaw LLP. This is all in an office market that continues to garner a 17%-plus vacancy rate, among the highest in Los Angeles. To get an inside look at the firm’s leasing strategy and if it is concerned about the vacancy, we sat down with John Barganski, SVP of leasing at Brookfield Properties, for an exclusive interview.

GlobeSt.com: What has driven leasing activity in your portfolio for the last six months?