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News@lemmy.world · 10 months 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 · 10 months 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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Chaotic Entropy@feddit.uk
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10 months ago
It sounds like you want to live and work on a business campus.
- Natanael@slrpnk.net
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  10 months ago
  Or Europe. /waves from Europe
- pixeltree@lemmy.world
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  10 months ago
  If I ignore all the problems with company towns, it sounds perfect tbh
- Liz@midwest.social
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  10 months ago
  Mixed neighborhood ≠ business campus.

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