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Los Angeles Retail Market Outlook 2Q 2017

Published By: NAI Capital Research

In the second quarter of 2017, the Los Angeles retail market remained strong with rising average asking rents. The average asking rent closed the quarter at $2.78/SF, up 3.0% over the prior quarter and 6.5% from last year. The delivery of completed new construction to the market has driven up the vacancy rate. Vacancy inched up 10 basis points over the quarter to 4.3%, up 40 basis points from last year at this time.

Release Date09/06/2017 - 11:18


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