• Creative space attracts and retails talent which foster creative and productivity
  • Important aspects beyond a prime real estate location include wellness, concierge services, natural light, and ceiling height
  • Main drivers of workplace strategy in the U.S. employee attraction/retention, better collaboration, and cost savings
  • Of Los Angeles’ 200 million sq. ft. of office space, 38% or 78 million square feet is occupied by technology and creative tenants
  • Asking rent increased 33% since Q2 2013 in response to the demand for creative space