Tag Archives: economics

The Los Angeles metro area represents the largest economy on the west coast

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Not only does the Los Angeles metro have one of the largest population on the west coast, the region generated $866.7 billion in economic output (Gross Metro Product) placing Los Angeles at the top of the leading west coast markets. COW_LA_22Aug2016

The metro maintains a highly diversified economy supported… Read More

Rent continues to appreciate in the South Bay, LA’s hottest industrial submarket

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Microsoft PowerPoint - COW_Los Angeles_industrial_May 9 2016

  • With sub-1.0 percent vacancy across the South Bay market, meaningful rent appreciation is expected over the next 12-24 months barring any major economic downturn.
  • The market has experienced a 41 percent weighted Y1 rent growth since 2010.
  • High-water mark rent for 2016 will
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Office Employment Update August 2015

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Between August 2014 and July 2015, total nonfarm employment in Los Angeles County increased by 78,300 jobs, or 1.8 percent.

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  • Educational and health services reported the largest year-over increase with an addition of 22,500 jobs. Health care and social assistance drove up payrolls
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