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Thursday, Mar 28, 2024

The Real Estate Quarterly – Market Woes

It was a difficult first quarter for the office market in Los Angeles. The vacancy rate was 24.1%, up from 14.4% in the first quarter of 2019, before pandemic-related lockdowns shut down many workplaces, according to data from Jones Lang LaSalle Inc.

Also in this report: how MJW Investments’ Mark Weinstein and other local leaders view today’s difficult financial market.


Inside this section:

Difficulty Leasing

Financing Slowdown


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Michael Aushenker Author