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When Los Angeles office reports begin to roll in, we often ask the same question upon review: why is Downtown Los Angeles still lagging behind the market? It is a complicated questions, and experts agree that, while the numbers show low absorption, the market is on its way up. When we interviewed Steve Kolsky, EVP and managing director of the Los Angeles West office at Newmark Knight Frank, about the firm’s fourth quarter office report, he suggested that price may be one issue obstructing growth in the market.

Kelsi Maree Borland

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