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News@lemmy.world • 1 year ago

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

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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

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News@lemmy.world • 1 year ago

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

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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@beefsquatch@programming.dev
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40•1 year ago
Co-located but remote does sound like a good combination
- @Spacehooks@reddthat.com
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  10•1 year ago
  Kind of how I thought wework would be a good model with remote work.

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