Downtown Los Angeles office market report (Q4 2021)

Downtown Los Angeles office market report (Q4 2021) February 17, 2022

Traditional office asset pricing is poised to continue to soften; however, the sizable spread between investment yields and benchmark rates and lower pricing could attract new capital sources, especially for cash-flowing properties.

 

Quick Stats:

  • 7.1% unemployment rate
  • -5.9% change in office-using employment
  • -63.6% change in average office visitor volumes
  • 67% vaccination rate
  • -23% change in overall visitor volumes

Download Q4 2021 DTLA Office Market Report