Family Office Briefing on research byLee & Associates·Jul 23, 2024
2024 Q2 Los Angeles Tri-Cities, CA - Office
Los Angeles Tri-Cities office market faces rising vacancy at 31.2% in Q2 2024 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 31.2% |
| Average Asking Rent | 44.80$/SF |
| Net Absorption | -521,723SF |
| Market Sale Price | 317$/SF |
| Market Cap Rate | 6.7% |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Lee & Associates
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.