Tag Archives: downtown LA

Tenant migration is helping to chip away at Downtown CBD vacancy

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Downtown vacancy has decreased to 16.6 percent from 19.1 percent since 2013, driven by robust tenant migration, countervailing light demand from existing legal and financial services tenants, which continue to seek efficiency and have been cautious to take on additional space.

Downtown’s expanding residential, retail and entertainment base has helped attract companies from outside the CBD, including creative tenants.

Tenant migration will drive Downtown’s evolution by broadening the tenant base across sectors and… Read More

How does Downtown’s work-live-play evolution impact law firm tenants?

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Downtown LA has long enjoyed a decent concentration of law firms, but interest is growing dramatically—simultaneous with the submarket’s vibrant full-time population boom.

So far in this video series, we’ve learned what’s essential to thriving in DTLA (aka, one of the most interesting office markets in the region), and how the area represents an opportunity to do “more with less.” In the final installment of the series, Jordan Gaffney explains the unique… Read More

Rooftops: more than just a pretty view

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NRooftops-more-than-just-a-pretty-view_718ew York’s skyscrapers may still lead the way when it comes to making the most of their rooftops but on the other side of the country, where the buildings are shorter and the sun is more prevalent, JLL Vice President Maureen Hawley is
watching the trend for maximizing the potential of the… Read More