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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.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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