Real Estate Trends
South Bay Office Vacancy Rates
LAX
Year-end 1996: 30.6%
Year-end 1997: 30.8%
*
190th St. Corridor
Year-end 1996: 24.8%
Year-end 1997: 23.0%
*
Long Beach (downtown)
Year-end 1996: 21.7%
Year-end 1997: 19.7%
*
El Segundo
Year-end 1996: 24.5%
Year-end 1997: 18.7%
*
Torrance
Year-end 1996: 13.6%
Year-end 1997: 15.5%
*
Hawthorne/Gardena
Year-end 1996: 12.4%
Year-end 1997: 15.3%
*
Long Beach (suburban)
Year-end 1996: 10.7%
Year-end 1997: 10.0%
*
Beach Cities/Palos Verdes
Year-end 1996: 15.2%
Year-end 1997: 7.9%
Source: CoStar