LA Office Market: Vacancies Stable, Rents Steady

Los Angeles office market remains stagnant in Q1, with vacancy rate at 15.9% and Class A spaces at 20.6%. Net absorption turned negative, total leasing dropped by 32%, and landlords are offering incentives instead of rent cuts. Healthcare and new media tenants are driving demand, while law firms maintain steady occupancy. High vacancies and slow rent growth are expected to persist through mid-next year. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a6dd62fe991c7bbf