Los Angeles Los Angeles

Small office users have historically driven leasing activity in Los Angeles, but the booming tech market is changing that. According to a recent tech report from CBRE, Los Angeles is among the fastest growing tech markets in the county. Tech employment grew 13.4% in 2017 to 2018, and high-tech jobs accounted for 84.5% of all new office jobs in the market. This places the city at number 11 in the nation for tech job growth.

"There is a continued convergence of media and technology companies. With the entertainment industry based here, we are seeing more technology companies establish a larger presence," Rob Waller, EVP at CBRE, tells GlobeSt.com. "There are companies coming in from Seattle and Silicon Valley, and we think that is a trend that is likely to continue as the proliferation of new content continues. That includes both new and traditional content, and so there is broad-based demand across the board."

Recommended For You

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.