Family Office Briefing on research byLee & Associates·Oct 29, 2024
2024 Q3 Los Angeles - North, CA - Office
Los Angeles North office market faces negative absorption with a vacancy rate of 17.6% in Q3 2024 — family offices should consider co-GP opportunities with disciplined operators.
Key Metrics
| Metric | Value |
|---|---|
| Vacancy Rate | 17.6% |
| Net Absorption | (899,675)SF |
| Average NNN Asking Rate | 2.87$/SF |
| Cap Rate | 7.0% |
Metrics extracted from the source report and independently fact-checked. Method →
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