Downtown Los Angeles office market report (Q2 2021)July 23, 2021
Click the link below to delve into the new Downtown Los Angeles office market insight report, highlighting the most important, relevant data from the city's central business district.
- 24.8% vacancy rate
- -188,002 rsf net absorption
- -3.0% change in FSG asking rates since Q2 2020
- 15.9% decrease in net effective rents from Q2 2019 to 2021
- 9.9% unemployment rate
- 32.7% post-COVID recovery rate—the highest among U.S. gateway cities.