Los Angeles Business Journal

Recent Stories

Landlords Chase Higher Rents Despite Return of High-Rise Space

Despite starting off the year strong, the downtown L.A. office submarket had another weak quarter as its stable of traditional high-rise office towers continued to hemorrhage tenants.

Entertainment, Creative Companies Help Turn Submarket Into Star

It might not be obvious by the numbers, but Hollywood’s office submarket had a strong second quarter.

Vacancies Down, Asking Rates Up Amid Resurgence

Los Angeles County’s commercial real estate rebound was in full swing last quarter as the office vacancy rate declined, asking rental rates rose and construction increased.

Submarket Shakes Off First Quarter as Burbank, Glendale Heat Up

The Tri-Cities office submarket bounced back last quarter from a slow start to the year as activity in Glendale and Burbank heated up.

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Smaller Payday Advance for CEOs

COMPENSATION: Total increase of L.A.’s top execs was single-digit.

Pay packages for a few local CEOs declined steeply, dragging overall remuneration down from last year’s levels.

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Shareholders, Dating Site Operator Growing Apart

INTERNET: Osmium joined in call for board, executive changes at Spark Networks.

Major shareholders have little love for the operation and board of dating website operator Spark Networks.

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Search for Buyer Sheds Light on Solar’s Future

ENERGY: Installation-only Verengo looks into sale as industry consolidates.

Sun may set on Verengo’s business model as the solar panel installer explores a sale.

Market Gives Back Space But Landlords Still Hike Up Rents

The numbers say Hollywood had a slow first quarter, but it would be hard to tell from a landlord’s or developer’s perspective.

Vacancy Dip Healthy Development for Construction

The Los Angeles County office market continued to heat up for its third consecutive quarter, helping reinvigorate construction and redevelopment across the area to levels last seen five years ago.

Positive Absorption Returns as Downtown L.A. Becomes Draw

The downtown L.A. office market saw gains in the first quarter as more than 110,000 square feet were absorbed by a mix of relocations and internal expansion.

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