Century City Remains Class-A King

Josh Wrobel is a managing director at JLL.

Entertainment and media tenants are flocking to the Century City market, according to the latest skyline report from JLL. The report compare the class-A high-rise markets in Century City and Downtown Los Angeles, and found that Century City still remains king of the high-rise market. Skyline vacancy in the Century City market is 7.8% and trophy buildings have an 8.6% vacancy rate. Comparatively, Downtown Los Angeles has a 15.4% vacancy rate and trophy properties have an 18.6% vacancy rate. To find out more about the success of the Century City market, how it is attracting creative tenants and how Downtown Los Angeles stacks up, we sat down with JLL’s Josh Wrobel for an exclusive interview.

GlobeSt.com: How is Century City able to fill its high-rise office, while DTLA has huge vacancy for this space?