How L.A. Office Investors Are Catering to the City’s Most Prominent User
March 9, 2022
The office market in Los Angeles is continuing to recover following the pandemic. While some areas of the sprawling market are still facing limited demand and high vacancy rates, techtainment—the word used to describe the convergence of entertainment, technology and media companies—hubs are thriving.
“Leasing activity in Los Angeles was the highest it has been since the onset of the pandemic in Q4 2021, driven in large part by the technology, media and entertainment industries, and their convergence—also known as techtainment—that often require in-person collaboration,” Rob Solomon, chief development and legal officer at BLT Enterprises, tells GlobeSt.com.