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Los Angeles Office Market Hits a New High In Q1 Leasing, But Historic Vacancy Dampers Positive News

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The Los Angeles office market kicked off 2024 with a surge in leasing activity, a glimmer of hope in an otherwise subdued landscape. A total of 3.2 million square feet (msf) of office space were leased in the first quarter, a notable 45 percent jump from the previous quarter and a 13 percent increase year-over-year. […]

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