Commercial leasing in LA is down 20% in the last two quarters, according to data from JLL.
July 15, 2024 at 06:48 PM
6 minute read
The original version of this story was published on The Recorder
Law firms in California are increasingly moving their offices away from downtown centers in a bid for more accessible and flexible real estate.
Real estate leasing firm Jones Lang Lasalle’s most recent report on law firm commercial leasing indicated a sharp downturn in demand for offices in Los Angeles and San Francisco’s downtown centers during the first quarter of the year.
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Downtown Los Angeles cityscape. (Credit: SeanPavonePhoto/Adobe Stock)
