Torrey Square posted the lowest base rent per-leased-square-foot in Whitestone’s wholly-owned portfolio. Since its IPO in 2010, Whitestone has improved its base rent per leased square foot by over 80%.
COVID’s shutdowns helped the Hines team focus on closing the deal.
Technology and media companies are driving leasing activity in Los Angeles, but the market’s broad tenants base will feel the pains of the recession.
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