q2 2020 market reports

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GREATER LOS ANGELES

As the economic impact of COVID-19 continued to unfold during the second quarter, leasing activity in Greater Los Angeles came to a halt falling 62% compared to one year ago.  
 

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map overview of greater los angeles stats

Bubble map of the Base SF, Vacancy Rates, YTD Absorption, and Average Asking Rates of submarkets across the Greater Los Angeles Basin.

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national statistics

The national vacancy rate increased by 30 basis points to 11.8% during the second quarter. Despite the rise in vacancies, overall Class A full service gross lease rates (FSG) increased by 1.7% during the second quarter.

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