Being one of the country’s most populous cities makes the commercial real estate market in Los Angeles one of the most in demand. With millions of people in the immediate vicinity, building owners have tried to convert their real estate into viable offices. High demand and the earthquake disasters of the 80’s and 90’s have allowed for the upgrade of many buildings in the area. With buildings being rebuilt in the modern era, modern amenities have also been included. Wiring for high speed internet, energy efficient lighting and audio visual technology are pretty much the norm in this day and age. Downtown Los Angeles executive office space is most commonly leased on a long term basis but some landlords are willing to lease on a month by month basis considering the difficult economic times. Many new listings have come about and we expect even more by the end of this year. We can help any sized company looking to rent serviced offices in Downtown LA, so call us today or just search our website for the newest offices available. With prices still high and the economy still in a lull, it is certainly a renter’s market in downtown LA.
Downtown Los Angeles Local Business
Los Angeles’ mild climate and large workforce are just a couple of reasons that make the area popular among businesses. For all of the positives, we are also aware of the negatives such as high rental prices, traffic issues and crime rates. Nonetheless, the executive office in downtown Los Angeles market is strong. Business travelers have numerous options to pick from including John Wayne Airport in Orange County, Ontario International Airport and of course the massive LAX. All industries exist in LA and with many migrant workers, manufacturing is still an option in the area. Aside from that, a plethora of law firms specializing in personal injury, tort and entertainment can all be found as well as businesses in the medical profession, insurance agencies and immigration services. Outside of downtown Los Angeles, there are also many call centers in existence that take advantage of lower skilled workers. Employees in the area can take advantage of many benefits including great restaurants, entertainment activities and sporting events such as the Lakers and Dodgers.