As a result of an uptick in leasing activity by gyms, restaurants and grocery stores during the second half of 2021, retail vacancy in Los Angeles is projected to decline in early 2022. In CoStar's baseline scenario, market vacancy peaked in late 2021 and will trend downward through the next several quarters.
Strong Leasing Points to Los Angeles Retail Market Improvement
Supply Side Pressures Are Limited Heading Into 2022
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