“Tenants with dual locations in the suburbs and downtown has been a major trend,” says Savills' Robert Sevim.

The Hollywood Park project has attracted multifamily investors, but the new rent control measure might dampen investment activity.

“There is a paradigm shift taking place in the real estate industry to address the traditional limitations of space, and companies of all sizes are looking for innovative solutions to support their employees, growth and business,” says WeWork's Wojciechowski.

Albert Picallo and Masato Inagaki, who co-founded Focal Point Capital Advisors in 2011, will join the new CBRE Loan Services entity as managing director and head of underwriting and director, underwriting respectively.