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United States | Los Angeles, CA

Report | Los Angeles Office Insight - Q3 2015

Summary

Repositioned historical and industrial assets in and around the CBD are competing with high-rise office product for technology and creative tenants. Recent comps suggest a 5.0 to 15.0 percent premium on creative space over traditional office space. 

PacMutual, a historic building repositioned as creative, recently sold for $430 per square foot, a new high-watermark for Downtown. 

Learn more about what’s happening—and what we expect to occur in the coming months—in the Los Angeles office market.

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