Hollywood is leading office pre-leasing activity on newdevelopments. According to a new report from JLL,the Hollywood market has leased nearly all of its new office space,with ICON and CUE 100% leased and Vine Street Tower 56% leased. TheWestside, on the other hand, has pre-leased much less of its newoffice space, although the office developments in the market areslightly larger. We sat down with Hayley Blockley,managing director at JLL, for an exclusive interview about theHollywood leasing market and how it is stacks up against thecompetition.
GlobeSt.com: What does the preleasing activity inHollywood say about office demand in L.A.? Are you seeing demandshift from Westside markets?
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