AROUND TOWN
MARKET NEWS
MISC
100

This newer LA Stadium was just announced as a host stadium for the 2026 World Cup. It will also be home to events and the opening ceremonies for the 2028 Olympic Games

SoFi

100

This segment of the industrial market has been the slowest to recover from the pandemic

Office

100

This posh, westside sub market was first developed by Fox studios and now houses law firms, talent agencies, entertainment companies, hotels and was the scene of a classic Christmas movie

Century City

200

This new LA landmark is rising in Exposition Park and will be a narrative art museum

Lucas Museum of Narrative Art

200

The Los Angeles Industrial Market totals roughly 1.68 billion square feet, making it the _______ largest market in the United States

First largest

200

RevPAR is a performance metric for what industry?

RevPAR, or revenue per available room, is a performance metric in the hotel industry that is calculated by dividing a hotel's total guestroom revenue by the room count and the number of days in the period being measured

300

One Beverly Hills, a $2 billion dollar development on 17.5 acres along Wilshire Blvd recently announced that this ultra luxury hotel brand will be opening as part of their project

Aman Resorts

300
The current vacancy rate for industrial buildings in the LA market is below this threshold

Under 1%

300
Combined, the Ports of Los Angeles and Long Beach process approximately this percentage of all goods that enter the United States

40%

400

Film studios are flocking to this part of town to build large sound stage projects to satisfy the unprecedented demand for sound stage space

Arts District in Downtown LA

400

Currently, the vacancy rate for leased office space in LA is hovering around what percentage? 

20%

400

This 200 unit apartment complex just sold for nearly $138 million, or $688,000 per unit, making it LA's most priciest apartment trade so far this year. It was located in what surprising neighborhood? 

Westlake / MacArthur Park

500

MAD architects is designing this 22 story, $500 office building in Hollywood with an astrologically inspired name. It is expected to break ground in 2024 and will the shine bright as the largest office building in Hollywood. 

The Star

500

This may be the most in demand type of commercial real estate these days

Data Centers

500

How many rail line projects are currently under construction in the LA area?

5 - The Regional Connector in downtown LA, three phases of the D (Purple) Line Extension down Wilshire Blvd, L (Gold) Line Extension to Montclair,  K (Crenshaw) Line from Mid City to LAX, LAX People Mover