08 March, 2017
Los Angeles ranks third in the U.S.
in term of total inventory occupied by coworking companies. Most LA coworking companies are concentrated in
tech-dense and venture-capital rich Westside submarkets, which command the
highest rents. Shared workspace operators in LA
have also been drawn to Downtown’s urban vibe and rich amenity base.
Coworking operators are incubating the next
generation of companies which eventually will grow into established enterprises
spurring future demand for conventional office.