Figures
Los Angeles Office Figures Q1 2026
Leasing activity rebounds despite challenged fundamentals
April 13, 2026 5 Minute Read
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- Net absorption ended Q1 2026 with negative 403,655 sq. ft. for the quarter.
- Asking lease rates fell to $4.13 FSG per sq. ft. per month in Q1 2026.
- Construction ended the quarter with 405,620 sq. ft. under development.
- Vacancy rose 20 basis points quarter over quarter to 25.5% and availability rose 40 bps to 30.5%.