Los Angeles Vacancy Rate 2021 at Tayla Charles blog

Los Angeles Vacancy Rate 2021. Overall vacancy in dtla steadily increased throughout 2020 reaching 22.8% in the first quarter of 2021, up 240 bais points (bps) yoy. Unemployment in los angeles county was unchanged from april to may, holding at 11.1% and 40 basis points (bps) higher than last reported. Downtown’s fourth quarter office vacancy rate rose to 21.2%, up from 19.9% the previous quarter and 18.3% the previous year. The greater los angeles office market weakened further as the overall vacancy continued to rise, reaching 19.8%. With a total inventory of 45.5 million rsf, q2 2021 overall vacancy rate has reached a record high of 24.8%, 1.1% of which coming from sublease. The overall vacancy rate reached 29.0% in q2 2021, up 600 pbs from a year ago and up 310 bps from the previous quarter.

Six charts to understand Los Angeles’s homelessness crisis Crosstown
from xtown.la

Unemployment in los angeles county was unchanged from april to may, holding at 11.1% and 40 basis points (bps) higher than last reported. Downtown’s fourth quarter office vacancy rate rose to 21.2%, up from 19.9% the previous quarter and 18.3% the previous year. With a total inventory of 45.5 million rsf, q2 2021 overall vacancy rate has reached a record high of 24.8%, 1.1% of which coming from sublease. Overall vacancy in dtla steadily increased throughout 2020 reaching 22.8% in the first quarter of 2021, up 240 bais points (bps) yoy. The greater los angeles office market weakened further as the overall vacancy continued to rise, reaching 19.8%. The overall vacancy rate reached 29.0% in q2 2021, up 600 pbs from a year ago and up 310 bps from the previous quarter.

Six charts to understand Los Angeles’s homelessness crisis Crosstown

Los Angeles Vacancy Rate 2021 Overall vacancy in dtla steadily increased throughout 2020 reaching 22.8% in the first quarter of 2021, up 240 bais points (bps) yoy. With a total inventory of 45.5 million rsf, q2 2021 overall vacancy rate has reached a record high of 24.8%, 1.1% of which coming from sublease. Unemployment in los angeles county was unchanged from april to may, holding at 11.1% and 40 basis points (bps) higher than last reported. The greater los angeles office market weakened further as the overall vacancy continued to rise, reaching 19.8%. The overall vacancy rate reached 29.0% in q2 2021, up 600 pbs from a year ago and up 310 bps from the previous quarter. Downtown’s fourth quarter office vacancy rate rose to 21.2%, up from 19.9% the previous quarter and 18.3% the previous year. Overall vacancy in dtla steadily increased throughout 2020 reaching 22.8% in the first quarter of 2021, up 240 bais points (bps) yoy.

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