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Nick Griffin Nick Griffin

Downtown Los Angeles is hitting a stride. Recently, several major retailers have moved to the market, the office vacancy rate is trending downward, and despite the massive multifamily construction activity, apartment absorption remains healthy, according to the third quarter report from the Downtown Central Business Improvement District. Population growth is behind the activity across asset classes, particularly in the residential market, which continues to be the driving force in the market.

Kelsi Maree Borland

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