Glut of sublease space keeping downtown L.A. soft.

Summary


Quarterly Real Estate Special Report - Industry Overview

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Extract


Glut of sublease space keeping downtown L.A. soft.

Mergers and consolidations hitting office market hard

The downtown Los Angeles office market continued to be hampered by an excessive amount of sublease space during the second quarter. And that sublease glut will not likely be significantly alleviated for months to come.

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