Being one of the industrial and financial epicenters of Southern California, DTLA is a highly-desirable location for employees and businesses. Since the early 1920s, it has been home to law and financial firms. With the start of this year, the neighborhood attracts innovative industries, like technology, media, and so on. Nowadays, more than ever, Downtown LA boasts the most significant and diverse office stock in Southern CA - with the top collection of high-end Class A buildings, historic office venues, coworkings, and mixed-use options. New office spaces that are available for rent in Downtown Los Angeles reflect sustainability and innovation in their design, facilities, and locations they occupy in the region. Currently, there is about 37 million sq.ft. of Class A office space in Downtown Los Angeles. It consists of diverse options like new developments and historic suites, that, being refurbished according to the latest technologies, still manage to preserve their former architectural resemblance. The market is also radically transforming with industrial buildings retrofitted and repositioned as flexible office units. One of the superb Class A premises in the district is a magnificent Bunker Hill. The increased demand for office space in Downtown LA has affected the rental rates. Today, tenants are expected to pay more than $3 per sq.ft. per month(in some areas, the mark exceeds $4, accordingly) to ensure their companies’ presence in the heart of the City of Angels. From the hip Art District to Fashion, Industrial, Financial, and other neighborhoods, offices for rent in Downtown Los Angeles become hot commodities to a vast target audience. Boasting shopping facilities, a broad restaurant scene, a range of residential options, etc. These areas will, for sure, let you maintain a perfect work-life balance.
