West LA and the Tri-Cities Donald N. Noland Cushman & Wakefield GlobeSt.com: Overall, it seems like the L.A. office market had a really strong quarter with gains in the West L.A. and Tri-Cities markets. Why do you think the Downtown sector hasn't seen as much activity as the rest of the market? Donald N. Noland: GlobeSt.com: What needs to happen for the Downtown market to improve? Noland: GlobeSt.com: With vacancy rates flat in the market, how are rents still able to increase? How are landlords able to justify these high rents? Noland: GlobeSt.com: What is your outlook for the Downtown market for the remainder of the year? Do you expect activity to pick up? Noland:
West LA and the Tri-Cities Donald N. Noland Cushman & Wakefield GlobeSt.com: Overall, it seems like the L.A. office market had a really strong quarter with gains in the West L.A. and Tri-Cities markets. Why do you think the Downtown sector hasn't seen as much activity as the rest of the market? Donald N. Noland: GlobeSt.com: What needs to happen for the Downtown market to improve? Noland: GlobeSt.com: With vacancy rates flat in the market, how are rents still able to increase? How are landlords able to justify these high rents? Noland: GlobeSt.com: What is your outlook for the Downtown market for the remainder of the year? Do you expect activity to pick up? Noland:© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.