Real Estate Trends

Downtown Los Angeles Net Absorption (in millions of square feet):

Eight-quarter Average: -0.11 million square feet

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Downtown Los Angeles Vacancy Rates

3rd-quarter 1998, with sublet: 21.4%

3rd-quarter 1998, Without sublet: 19.8%

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Note: Net absorption reflects the gain in rental space. Vacancy rate is the total vacant square footage divided by total rentable square footage in all existing buildings. Sublet space 1769152627 Source: CoStar