L.A. 's office market skid slows as workers trickle back
Theater, tourism, dining out, shopping took big COVID hits. But the community, which defines Los Angeles in many out-of-towners’ minds, is looking up.
About 28% of workers in the Los Angeles area came to their offices last week, according to Kastle Systems, which provides key-card entry systems used by many companies andThat was up slightly from the previous week, but below the national average of about 32.7% “That’s a very substantial sum and gives the sense that these companies are returning to the office and have confidence” that they can pay their rent in the future, CBRE broker Jeff Pion said.
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