Wednesday, July 8, 2026
Family Office Briefing on research byKidder Matthews·Jan 10, 2024

Los Angeles Office Market Report - 4th Quarter 2023

Los Angeles office market faces rising vacancy at 15.0% in 4Q23 — family offices should consider co-GP opportunities with strategic operators.

OfficeLos AngelesCalifornia2023

Key Metrics

MetricValue
Vacancy Rate15.0%
Asking Rent3.46$/SF
Leasing Activity2.7M SF
Net Absorption-1.8M SF

Metrics extracted from the source report and independently fact-checked. Method →

Building a thesis around Los Angeles? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent office strategies.

Peer Network · By Invitation

The Thesis Exchange

Share an investment thesis in confidence. We pair you anonymously with up to two other family offices running adjacent strategies. Reviewed by Gallium's editorial team. No vendor pitch.