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Los Angeles Market Reports

Los Angeles Office Market

Average Asking Rent (Price/SF/Mo) $3.31
Vacancy Rate (%) 14.5%
Net Absorption (SF) 876,778

Netflix, HBO, Amazon and Facebook collectively leased 1.4 million square feet this quarter in new and soon-to-be-constructed buildings. All companies want to develop original content and programming for distribution on their networks, and what better place than in Los Angeles, with its robust film and TV infrastructure?

Los Angeles Industrial Market

Average Asking Rent (Price/SF/Mo) $0.82
Vacancy Rate (%) 1.1%
Net Absorption (SF) 2,437,757

Net absorption matched new construction deliveries in 2018, each with 5.4 million square feet. This kept vacancy unchanged from one year ago and propelled additional rent growth. Modern facilities-with higher clearance, wider column spacing and deeper truck courts-make operations more efficient for tenants willing to pay higher rents. Additionally, a location close to Southern California's seaports reduces transport costs versus buildings located further inland.

Los Angeles Office Market Report
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Los Angeles Industrial Market Report
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