Leasing

In 2020, Los Angeles office leasing totaled only 10 million square feet, driving the vacancy rate to 22.5%.

City Place currently offers move-in-ready spec suites ranging from 1,000 to 20,000 square feet in both towers, with a total of 28,000 square feet contiguous space available for lease.

Church joins the firm as regional VP for the Los Angeles region to oversee the management of 7.5 million square feet of space.

Rents have steadily decreased throughout the pandemic, but the rate of decline is slowing.

The financial services industry is driving leasing activity in Orange County—a much different story than in the last downturn.

Industrial users are opting to move up into new quality industrial space, creating a dynamic of rising vacancy and rising rents.

Zhen joins the firm from JLL, where she was a top revenue generator for the last four years.

The Offices District has recorded considerable demand amid the COVID-19 pandemic, Chris McCluskey of VanTrust Real Estate says, and with the addition of MTX Group Inc., The Offices Two at Frisco Station is 90% leased.