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L.A. Has One of the Most Expensive Office Markets in US

Ocean Avenue is number seven on the list of the most expensive office streets in the country, according to a new survey from JLL.

By Kelsi Maree Borland | Updated on December 27, 2017

Josh Wrobel is a managing director at JLL.

Ocean Avenue ranks number seven on the list of the most expensive office streets in the country, according to a new survey from JLL. Streets in San Francisco and New York fill the top two positions on the list, and Los Angeles has only one street on the list of the top 50 most expensive streets. Office tenants pay a 95.9% premium to rent space on Ocean Avenue. To find out more about this submarket in Los Angeles, we sat down with Josh Wrobel, a managing director at JLL, for an exclusive interview.

GlobeSt.com: What characteristics make Ocean Avenue one of the most expensive office markets in the US?

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