DTLA Office Space and Property Rental Market
The office space rental market in Downtown Los Angeles is one of the largest in LA County. There’s approximately 36.06 million square feet total inventory with 6,239,467 square feet available for rent. The vacancy rate is reported to be 17.3%, which means for every 100 buildings there’s 17 available for lease. Because of the high demand for office space, rental rates have increased all over LA County. Offices for rent in Downtown Los Angeles can range from on average $3.38 to $3.78 per square feet – which is one of the more expensive areas of LA County.