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Since Cynthia Clemons’ employer announced last month that she was required to be in the office two days each week, the switch from remote work hasn’t been smooth. We feel very strongly about that.” Employees at the DTLA Alliance business improvement district in downtown Los Angeles do not have to follow a formal or enforced attendance policy, Executive Vice President …

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A view of Wedbush Center in downtown Los Angeles. “Casual restaurants to really fine dining, fitness centers — it just had everything.” Wedbush’s move, which will take place formally in the first half of 2025, reflects a trend that has been affecting downtown and much of Los Angeles County for the last few years, real estate brokerage CBRE said in …

By many measures, downtown Los Angeles’ newest apartment tower is over the top with such gilded flourishes as stone tiles from Spain lining the elevator cabs and hand-troweled Italian plaster on interior walls. The decision by Mitsui Fudosan America, the Japanese real estate company that owns Figueroa Eight, to spend as much as $350 million to build an ultra high-end …

As high-rise offices lose their luster, can this part of downtown L.A. find a way forward?

As the pandemic shut down office life in Los Angeles’ downtown financial district, Claude Cognian tried to keep his gastropub Public School 213 open. “If the homeless situation doesn’t get solved in some fashion that allows tourists, office workers and businesses to operate, it’s just going to bring down the area.” Real estate broker Derrick Moore of CBRE, who specializes …

People are going back to the office. “Since the mask mandate was lifted, we have seen almost a doubling of daily office populations,” said John Barganski of Brookfield Properties, the largest office landlord in downtown Los Angeles. Real estate brokerage CBRE reported a net gain of more than 500,000 square feet of leased space in Los Angeles County as some …

Los Angeles County

The vacancy rate reached 17.6% in the second quarter, little changed from the first quarter, CBRE said. The Los Angeles County office rental market is showing early signs of stabilizing as businesses shed space at a slower pace in an apparent calculation that better times are ahead. Overall vacancy in buildings reached 17.6% in the second quarter, up substantially from …

Demand to rent offices has withered, fresh data show, as the pandemic has left Los Angeles County business owners wondering when employees will be able to return. Beyond Meat and Los Angeles landlord and developer Hackman Capital Partners said Friday that the company will lease 280,000 square feet at 888 N. Douglas St. The South Bay real estate market, which …