A bill proposes a $5 per square foot levy on a property vacant for at least 182 days.

Prebys Foundation’s cash purchase of Wells Fargo Plaza is an investment in hopes the business district will rebound.

Pre-leased deliveries will arrive this year, and available sublease space is expected to level off.

Return to office push in L.A. has lagged behind other metros.

Lender takes keys for downtown Marriott in deed in lieu of foreclosure.

Vacancy rate declines for the first time since 2022 as wave of new construction ebbs.

Leasing activity hit 3.4M square feet in the first quarter.

Ports chief expects logistics-driven region to see 10% drop in cargo.