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Home Commercial Tenants Gain Leverage in LA Office Market, Sublessors and Landlords Compete with Rent Concessions
CommercialFinanceIndustry ContributorsIndustry NewsLos Angeles

Tenants Gain Leverage in LA Office Market, Sublessors and Landlords Compete with Rent Concessions

July 17, 20242 Mins read920
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Record High Sublease Availability Drives Rent Reductions By J.C. Casillas, Managing Director, NAI Capital Commercial Research Market Overview The L.A. County office market's recovery is hindered by weak demand, unoccupied new construction, and a continuous rise in vacant space. Landlords, wary of adjusting asking rents despite elevated vacancy rates, face challenges in spurring occupancy. In […]

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