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Market wide, a creative product trend continues to expand across all geographies and industries. El Segundo's seen creative space command an 18.8 percent rental rate premium over traditional Class A product.
Among all sectors, media and entertainment remain accountable for the majority of leasing activity across Los Angeles (as of Q1 2016).
Average full-service office rent on LA's Avenue of the Stars is $63.12 per square foot, making it America’s eighth most expensive street.
As retailers move in to support a burgeoning and affluent residential population, Downtown LA offices are reaping the benefits. The enhanced market positioning is starting to attract new tenants and investors alike. See a building-by-building analysis.
LA Prep is a Lincoln Height-based business accelerator revolutionizing co-working space for culinary entrepreneurs. LA Prep’s co-founder Brian Albert and JLL’s Karina Saranovic discuss the company's impact on its member startups and the neighborhood.
Downtown’s expanding residential, retail and entertainment base has helped attract companies from outside the CBD, including creative tenants.
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