The group, which held a conference call on Monday to showcase itself and to talk about trends and expectations for the office market in a report titled "Western RegionMarket Outlook," has as participants Colliers executives from the Los Angeles area, San Francisco, Portland and Seattle, the areas covered in the report.

Urban Landlord Partners is "a specialized practice team focused exclusively on serving the needs of institutional landlords in metropolitan downtown markets," according to the group's Web site.

The ULP outlook covered the LA areas of Downtown, Century City and the Tri-cities."Downtown actually has been one of the stronger markets in the LA Basin in last 18 months," says Shaun Stiles, a Colliers senior vice president. "People have started to look at Downtown as an alternative."