Downtown Los Angeles sees incentive in tenant concessions for longer term deals
Downtown Los Angeles tenant concessions
![A chart showing Downtown Los Angeles tenant concessions](/documents/35486/0/Los+Angeles+tenant+concessions+based+on+10%2B+year+terms+-+Data+Bite+-+7.26.png/0eca0135-59cb-b8c3-f839-76ab41109eab?t=1690406864585)
Downtown Los Angeles tenant concessions
Downtown Los Angeles tenant concessions decreased by -0.8% from 2022, although it has been on the rise for the past several years. As a result of capital restrictions that have been placed on a number of office properties in Downtown LA (e.g. 333 S Grand, 707 Wilshire, and 445 S Figueroa), average T.I. outlays have decreased.
July 26, 2023
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US-CA-LAX LA - Downtown