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Los Angeles Office Market

Long Beach (Illustration by The Real Deal with Getty)
Los Angeles
Aug 9, 2022

Downtown Long Beach office vacancy highest in 20 years

Last quarter 22% of space sat empty, but rental rates went up
Bolour Associates ceo Mark Bolour with the building at 6432 Santa Monica Blvd. in Hollywood (LinkedIn, Loopnet, Illustration by Priyanka Modi for The Real Deal with Getty)
Los Angeles
Jul 26, 2022

Bolour picks up Hollywood office building at discount for $14M

Cost of $421 psf falls well below market range
Vectra CEO Raju Shah and 640 North Sepulveda Boulevard (Vectra, LoopNet)
Los Angeles
Jun 22, 2022

Mostly vacant Bel-Air office building sells for $32.5M

Creative offices contain 45.6K sf, with 27 percent occupancy