Office rental rates throughout L.A. County keep sinking lower.

Summary


Los Angeles County, California - Special Report: Quarterly Real Estate - Industry Overview

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Extract


Office rental rates throughout L.A. County keep sinking lower.

Rental rates continued to fall at office buildings throughout Los Angeles County in the third quarter of 1992, as building owners waged competitive battle to win tenants in an over-built market.

"Clearly, they (rents) are coming down. The question is: 'Where is bottom?'" noted Neal Roberts, director of real estate advisory services at accounting...

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