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Flexible Sublets Attract Small Tenants Downtown

LOS ANGELES-As an increased number of sublets stiffens competition in the county's office market, an LA-based tenant representative and a web-based listing service have joined up to sublet a Downtown space.

By Erin Cassin | Updated on March 22, 2001

LOS ANGELES-As the glut of sublets left by the dot-com exodus begins to strain the LA-office market, an LA-based tenant representative and a Web-based listing service have joined up to sublet a Downtown space.

The 128,000-sf office space, at 1000 Wilshire Blvd., was previously occupied by the national accounting firm, Deloitte & Touche. In the last several months that it has been listed on the New York-based listing service Offices2share.com, 20% of the space has been sublet. The listing service brings together companies that are offering short-term office leases with tenants that need short-term, flexible leasing arrangements.

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