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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

@return2ozma@lemmy.world to

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.

Chat

Chaotic Entropy
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-1•1 year ago
It sounds like you want to live and work on a business campus.
- Natanael
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  9•1 year ago
  Or Europe. /waves from Europe
- @pixeltree@lemmy.world
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  3•1 year ago
  If I ignore all the problems with company towns, it sounds perfect tbh
- Liz
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  English
  1•1 year ago
  Mixed neighborhood ≠ business campus.

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