Categories Real Estate

Actual Property Quarterly: Builders Flex

Tucked away within the Santa Monica Mountains area of Los Angeles County, the unique metropolis and gated group of Hidden Hills is house to fewer than 2,000 folks, together with some distinguished celebrities. However the San Fernando Valley group may quickly discover itself getting much more consideration for…

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Categories Real Estate

Actual Property Quarterly: Workplace Doldrums

The North Los Angeles workplace market continued to see excessive emptiness charges within the second quarter, and consultants agree a giant problem out there is the elevated need on the occupier facet for better flexibility. The San Fernando Valley had an workplace emptiness charge of 19.8%, up from…

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Categories Real Estate

Actual Property Quarterly: Q2 2023 Snapshot

The second quarter wasn’t a simple one for the North Los Angeles workplace market. The world, which incorporates the San Fernando Valley, Burbank and Glendale, largely noticed emptiness charges proceed to climb. The industrial market additionally noticed emptiness charges tick upward, although nonetheless at traditionally low ranges. Rendering:…

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Categories Real Estate

Industrial Actual Property Market Slows

Declining port quantity, rising rates of interest, a transfer by some firms additional inland and excessive lease charges have all put strain on L.A.’s industrial market. As of June 1, the emptiness fee available in the market stood at 3.8%, up from 2.3% the earlier yr and 1.7%…

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