Real Estate Trends

Office Vacancy Rates in Los Angeles County Market

Downtown

Dec. 1996: 23.2%

Dec. 1997*: 24.9%

*

San Gabriel Valley

Dec. 1996: 19.1%

Dec. 1997*: 19.3%

*

Mid-Wilshire

Dec. 1996: 19.1%

Dec. 1997*: 18.9%

*

South Bay

Dec. 1996: 18.8%

Dec. 1997*: 16.7%

*

San Fernando Valley

Dec. 1996: 16.3%

Dec. 1997*: 14.9%

*

West L.A.

Dec. 1996: 11.7%

Dec. 1997*: 10.1%

*

Burbank/Glendale/Pasadena

Dec. 1996: 10.1%

Dec. 1997*: 9.4%

Office Vacancy Rates in Orange County Markets

Central County

Dec. 1996: 20.7%

Dec. 1997*: 18.5%

*

North County

Dec. 1996: 15.3%

Dec. 1997*: 12.6%

*

West County

Dec. 1996: 13.8%

Dec. 1997*: 10.7%

*

Airport Area

Dec. 1996: 11.6%

Dec. 1997*: 8.1%

*

South County

Dec. 1996: 10.3%

Dec. 1997*: 7.7%

* As of Tuesday.

Source: CoStar