L.A. County’s Office Market Navigates Challenges as Property Sales Set New Benchmarks While weak demand and rising vacancy rates persist. Emerging trends in property sales and adaptive reuse signal potential…

Market Overview The L.A. County office market’s recovery is hindered by weak demand, unoccupied new construction a, and continuous rise in vacant space. Landlords, wary of adjusting asking rents despite…

MARKET OVERVIEW L.A. County’s retail market recovery, four years post-pandemic, continues at a slow pace. In Q2 2024, the retail sector saw another uptick in the vacancy rate, rising 20…

Market Overview In Q2 2024, the multifamily sector experienced another uptick in the vacancy rate, rising 20 bps quarter-over-quarter and 40 bps year-over-year to 5.1%. New construction was a key…

MARKET OVERVIEW In Q2 2024, the industrial vacancy rate in the Inland Empire reached 7.2%, rising by 20 basis points quarter-over-quarter and increasing by 330 basis points year-over-year. Over the…

MARKET OVERVIEW In Q2 2024, the industrial space vacancy rate in L.A. County rose, contributing to a 160-bps increase year-over-year, now standing at 5.3%, which is 50 basis points higher…

MARKET OVERVIEW The Inland Empire’s industrial market started 2024 by slowing construction momentum. Approximately 7.4 million square feet of completed construction in the first quarter were added to the market,…

MARKET OVERVIEW In Q1 2024, the rise in vacancy of industrial space in LA County continued, contributing to a 180-bps increase in the vacancy rate year over year, now standing…

Market Overview  The multifamily sector maintained a steady vacancy rate of 4.8%, holding firm from the end of the previous year. The increase in newly completed units, particularly in the…

  Market Overview Despite the continuous rise in vacant space, weak demand, and unoccupied new construction hinder the LA County office market’s slow journey to recovery. Landlords, wary of adjusting…