• Los Angeles

Five Fast Facts – Q1 Market Overview, Greater Los Angeles

After ending 2017 with the highest annual rent growth since 2008, a 9.3% increase in the overall asking rate to $3.29 per square foot per month (psf/pm), rents across the region have begun to stabilize. In the first quarter there was a marginal increase in average rent rate to $3.32 psf/pm, indicating a healthy market and marks a 6.1% increase year-over-year. This quarter’s leasing activity totaled 3.3 million square feet (msf), only slightly lower than the first quarter 2017’s first level by 1.8%, but exceeded the 3.0 msf quarterly average in 2017.

To view more information please see our 2018 Greater Los Angeles MarketBeat Reports

  • Los Angeles

© 2017 Cushman & Wakefield, Inc.