Giphy Exit Slashes Occupancy to 39% at Chinatown Office, Pressuring $10.3MM CMBS Loan

The departure of the anchor tenant from 759 N. Spring Street at lease maturity adds another distressed marker to a Los Angeles office market still searching for a floor in Q1 2026. Los Angeles' office distress story picked up another data point this month. Giphy Inc., the animated-image platform owned by Shutterstock, vacated its space […]