Los Angeles Office MarketView Q3 2021

October 13, 2021

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  • After a promising second quarter, the third quarter eased back as the Delta variant forced many companies to reconsider their return-to-work plans
  • Gaming, tech, and creative sectors kept Los Angeles leasing activity afloat and pushed West Los Angeles closer towards a full recovery
  • The market incurred 36,315 sq. ft. of negative absorption, 302,401 sq. ft. of which was buffered by West Los Angeles’ strong quarter