Third-tallest tower in Los Angeles sells for 45% less than last purchase price as remote work, interest rates drive down office values

fortune.com

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Third-tallest tower in Los Angeles sells for 45% less than last purchase price as remote work, interest rates drive down office values

fortune.com

return2ozma@lemmy.worldBanned from community to

News@lemmy.world · 3 years ago

Remote work hits LA office space, Aon Center sale shows | Fortune

fortune.com

With almost 30% of downtown LA office space available for lease or sublease, the value of the 62-story Aon Center plummeted.

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Seaguy05@lemmy.world
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3 years ago
Maybe they’ll start investing in single family homes instead

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