Start Ups Are Changing the L.A. Office Market

Petra Durnin is the director of research and analysis for the Southern California market at CBRE.

Los Angeles ranks at the top of the list for start-ups. In fact, according to a recent study from CBRE, Los Angeles ranks third in start-up business activity in 2016. This activity is changing the L.A. office market, driving activity in new office niches and submarkets of Los Angeles. To find out more about the start-up activity in Los Angeles and how it is affecting the office market, we sat down with Petra Durnin, the head of research and analysis for Southern California at CBRE, and David Freitag, an associate focused on the West LA office market at CBRE.

GlobeSt.com: How does Los Angeles’s start-up ranking compare to years past? Give me some perspective on this news.