What does a former aircraft hangar, automotive plant and produce distribution facility have in common? They are all being re-invented as creative office and leased to high-profile tenants.
Nearly 1.5 million square feet of creative product is in the pipeline and will deliver over the next three years in the Greater Downtown market alone.
The presence of creative conversions will bolster the Los Angeles office market by diversifying the tenant base and re-invigorating the market’s image.
For more information contact Henry Gjestrum.
Visit the JLL Los Angeles Research webpage for additional market insight.
Source: JLL Research, LA Times, Curbed LA, 2016