Los Angeles Office Sublease Space Continues To Reach New Heights

Sublease space in the Los Angeles office market continues to reach new heights. Available sublease space rested at just above 11 million square feet at the end of the third quarter, representing 2.6% of total office inventory in L.A. County. There is now 2 million more square feet of sublease space on the market compared to the beginning of this year, more than double levels seen at the onset of the pandemic.