West LA Real Estate Market Update
West LA Real Estate Market Update by Hannah McCarthy
Today we have the market update for West Los Angeles, for commercial office buildings.
Fundamentals remain strong as this area continues to gentrify and advance.
The vacancy rate remains slightly higher than nearby affluent areas but asking rents have gone up as well showing increased confidence in the area.
For those unfamiliar with WestLA the 405/10 freeway intersection is within this sub-market I expect increased activity due its proximity and the shift towards “live/work/play” areas.
Contact my team today for your office leasing needs, general questions and renewals.
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