Los Angeles Office MarketBeat Q1 2026
Los Angeles County office market experienced continued pressure in Q1 2026 with vacancy rising to 23.6% and net absorption declining by 1.1 million square feet year-to-date, driven by modest employment growth of 0.8% concentrated in healthcare and education rather than office-using sectors. The overall average asking rent increased modestly to $3.62 per square foot monthly, while total leasing volume reached 2.2 million square feet down 23.6% year-over-year, with sublease inventory improving as vacant sublease space fell 22.0% year-over-year to 6.7 million square feet.
Published by Cushman & Wakefield. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Cushman & Wakefield
- Obtained from
- Unknown: source not established
- Published
- Mar 31, 2026
- Last updated
- Jun 28, 2026 (1 month ago)
Global Real Estate Intelligence records where every item came from and when we last refreshed it. Where a field reads Unknown we could not establish it, and we do not guess.