X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
George Crawford George Crawford

In the last five years, nearly 60% of the office product in Downtown Los Angeles has traded hands to new ownership. As a result, office rents have increased to prices that are often competitive with West Los Angeles. That may be changing. With new product and renovated product coming to market this year—and a vacancy rate that continues to hover in the high double digits—Downtown Los Angeles’ office market may be heading for a correction. We sat down with George Crawford, a senior associate at Charles Dunn Co., to talk about the office market in Downtown Los Angeles and what tenants can expect in the next year.

Kelsi Maree Borland

GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.