q2 2020 market reports

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.  
 

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.

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.