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Downtown Los Angeles

Dotted with sleek skyscrapers and ornate historic buildings, Downtown Los Angeles (DTLA) currently contains 37.3 million square feet (msf) of office inventory and 101.0 msf of industrial inventory. A longtime business hub, DTLA is shifting toward a dynamic live/work/play environment, with a rise in multifamily construction and office development, and an influx of trendy retailers and restaurants in recent years.

This process has reshaped submarkets like the Arts District, a formerly industrial zone that has seen a meteoric rise over the past decade and now garners the highest asking rents of any DTLA neighborhood. Major tech, media and entertainment tenants are repurposing the district’s former warehouses into contemporary creative offices, with Spotify, Warner Music Group, and Honey all signing 100K+ SF deals in the past few years.

The arrival of creative/tech occupiers is a major change for DTLA, which has generally been home to more traditional office tenants in legal, finance and the public sector. Another key trend is the embrace of adaptive reuse by developers as they renovate storied buildings to serve new purposes.

Looking Beyond Downtown Los Angeles?
Cushman & Wakefield has a powerful market presence throughout Southern California, with five offices and more than 150 brokerage professionals covering all submarkets and product types. Additionally, our clients benefit from market intelligence and insights drawn from 400 additional global offices in 70 countries.

Our Offices

Los Angeles Skyline

Greater Los Angeles

900 Wilshire Boulevard
Suite 2400
Los Angeles, CA 90017
United States

+1 213 955 5100
West Los Angeles Landscape

West Los Angeles

10250 Constellation Blvd., Suite 2200
Los Angeles, CA 90067
United States

+1 310 556 1805
Inland Empire Skyline

Inland Empire

901 North Via Piemonte, Suite 200
Ontario, CA 91764
United States

+1 909 980 7788
Long Beach California

Long Beach

3780 Kilroy Airport Way
Suite 100
Long Beach, CA 90806
United States

+1 562 276 1400
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Orange County/Irvine

18111 Von Karman Avenue
Suite 1000
Irvine, CA 92612
United States

+1 949 474 4004

Meet the People

John Cushman Cushman & Wakefield Chairman
John Cushman

Chairman of Global Transactions
Meridian, United States


+1 (213) 629-6575 x376575

John.Cushman@cushwake.com

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Johnathan Haghani

Director, SoCal Area Investor Services
Los Angeles, United States


+1 (213) 955-6414 x376414

johnathan.Haghani@cushwake.com

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Eric Olofson Los Angeles Executive Vice Chairman
Eric Olofson

Executive Vice Chairman
Los Angeles, United States


+1 (310) 595-2216 x362216

Eric.Olofson@cushwake.com

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