Family Office Briefing on research bySavills·Apr 27, 2023
Los Angeles 2023 Q1 Market Report
Los Angeles office market sees record-high availability at 26.2% in Q1 2023 — family offices should consider co-GP strategies amid rising property distress.
Los AngelesCalifornia2023
Key Metrics
| Metric | Value |
|---|---|
| Availability Rate | 26.2% |
| Quarterly Leasing Activity | 2.9msf |
| Average Asking Rental Rate | 3.83$/sf |
| Class A Asking Rental Rate | 4.01$/sf |
| Available Sublease Space | 10.4msf |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Savills
Building a thesis around Los Angeles? Share it confidentially with the Thesis Exchange — we pair you anonymously with family offices running adjacent real estate 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.