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Greater Los Angeles MarketBeat Reports

Eric Kenas • 10/16/2020
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

 

Learn more about our local markets and property types by clicking our most recent Los Angeles MarketBeat reports below.

 

Upon the arrival of COVID-19 in the U.S., the economy entered a recession in March 2020, recording the worst decline in post-war history in Q2 2020. Mounting evidence indicates that the recovery began in May or June with Q3 2020 data likely reflecting that. But, until there is a public health resolution to the pandemic, the recovery is likely to remain uncertain and gradual. Only then can households and businesses become more confident.

Current Marketbeats

Office MarketBeat Report
Q3 2020 Greater Los Angeles Office Report

Direct Class A vacancy in the third quarter contributed negative 1.9 million square feet or 69.7%. Consequently, the quarter’s large occupancy losses pushed the overall vacancy rate to increase 160 basis points from a year ago to 16.5% in Greater Los Angeles.

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Office MarketBeat Report
Q3 2020 Downtown Los Angeles Office Report

The Downtown Los Angeles market, comprised of the CBD and the Non-CBD, currently contains 38.5 million square feet of office inventory. New leasing activity in Q3 2020 stalled to its lowest total in over a decade, with only 62,539 square feet of new leases in the quarter.

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Industrial MarketBeat Report
Q3 2020 Greater Los Angeles Industrial Report

Greater Los Angeles posted occupancy gains of 1.5 million square feet (msf) in the third quarter and lowered its overall vacancy rate to 2.6%, down 20 basis points (bps) from Q2 2020.

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Retail MarketBeat Report
2H 2019 Los Angeles Retail Report

Los Angeles recorded robust retail leasing activity in 2019, totaling nearly 4.9 million square feet (msf) in transactions year-to-date year-to-date, an 8.7% increase compared to the 4.5 msf leased in 2018.

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Featured Insights: Current U.S. MarketBeats

Q3 U.S. Office MarketBeat Report Card Image
MarketBeat • Office

Office Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Kenneth McCarthy • 10/14/2020
Q3 U.S. MarketBeat Industrial Report Web Card Image
MarketBeat • Industrial

Industrial Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Jason Tolliver • 10/8/2020
Q3 U.S. Retail MarketBeat Report Card Image
MarketBeat • Retail

Shopping Center Reports

Cushman & Wakefield MarketBeat reports analyze quarterly commercial real estate activity including supply, demand and pricing trends.
Garrick Brown • 10/14/2020

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