L.A.'s office market takes a hit amid trade wars, fires and economic uncertainty

L.A.’s office market takes a hit amid trade wars, fires and economic uncertainty

Tenants hunting for office space in the Los Angeles area are in the driver’s seat as vacancies plague many landlords trying to fill their buildings with people. The greater Los Angeles office rental market started the year with a turbulent first quarter and historically high vacancies as tenant demand was persistently soft in spite of more robust return-to-office policies coming from managers. A notable exception was Century City, which is exper…

L.A.'s office market takes a hit amid trade wars, fires and economic uncertainty

Tenants hunting for office space in the Los Angeles area are in the driver's seat as vacancies plague many landlords trying to fill their buildings with people.

Beige Book: Trade uncertainty fuels stagnant economy

Economic activity was stagnant in recent weeks amid uncertainty in international trade policy, according to the Federal Reserve Beige Book.  Ag conditions were stable in multiple districts. The ag economy remained weak in the Minneapolis region as regional grain producers continued to struggle amid low commodity prices. Regional cattle operations were in stronger shape.  In the Chicago region, ag contacts were concerned over potentially losing e…