Figures

Los Angeles Retail Figures Q3 2024

November 1, 2024 10 Minute Read

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  • The Los Angeles retail market closed Q3 2024 with an availabliity rate of 5.9%. This represented a .2% increase from Q2 2024.

  • The total retail sq. ft. absorbed in Q3 2024 was -781 thousand sq. ft., compared to -266 thousand sq. ft. in Q2 2024.

  • There was 7 thousand sq. ft. delivered in Q3 2024, compared to 159 thousand sq. ft. in Q2 2024.

  • The overall average net asking rent for retail in Los Angeles ended Q3 2024 at $3.09, which was up $0.06 from Q2 2024.

  • The total retail investment sales in Q3 2024 amounted to $192.4 million in total volume, compared to $610.6 million in Q2 2024.