Los Angeles Business Journal

Recent Stories

Market Gives Back Space But Landlords Still Hike Up Rents

The numbers say Hollywood had a slow first quarter, but it would be hard to tell from a landlord’s or developer’s perspective.

Vacancy Dip Healthy Development for Construction

The Los Angeles County office market continued to heat up for its third consecutive quarter, helping reinvigorate construction and redevelopment across the area to levels last seen five years ago.

Tri-Cities Landlords Hike Asking Rents Despite Gaining Space

The Tri-Cities office market slowed a bit in the first quarter as tenants vacated space, but landlords remained bullish in the face of the setback.

Positive Absorption Returns as Downtown L.A. Becomes Draw

The downtown L.A. office market saw gains in the first quarter as more than 110,000 square feet were absorbed by a mix of relocations and internal expansion.

Flood of Small Leases Ends Yearlong Run of Rising Vacancies

A flurry of small lease deals last quarter helped turn around what had been a year of rising vacancy in the Hollywood office market.

Deals by Small, Midsize Firms Feed Steady Office Market Recovery

The Los Angeles County office market continued its tepid but steady recovery last quarter.

Tenants Stay Put, But Smaller Renewals Drive Up Vacancy Rate

Downsizing defined downtown Los Angeles last quarter.

Santa Monica’s New Direction?

DEVELOPMENT: City mulls project for east of Promenade.

Santa Monica takes a new development direction with a proposed project east of the Third Street Promenade.

Gambling Business Bets on Santa Monica Space

LEASE: Caesars Interactive division signs deal for top floor on Colorado Avenue.

An online and mobile gaming division of casino operator Caesars Entertainment Corp. in Reno, Nev., is preparing a large expansion in Santa Monica.

Compton Deal Sustains Industrial Pickup Pace

ACQUISITION: $14 million property among 800-plus sold in L.A. this year.

The sale last month of a 152,000-square-foot Compton industrial building, fully leased to Kroger Co.’s Ralphs and Food4Less divisions, was yet another spark in a particularly hot market.

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