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Douglas Emmett Forecasts 'More Typical' Office Deals To Come Despite Falling Leased Rate

Santa Monica, California, REIT Struggles With Positive Absorption
Warner Bros. Discover occupies roughly 480,000 square feet at Douglas Emmett-owned properties in greater Los Angeles but isn't expected to renew its leases. (CoStar)
Warner Bros. Discover occupies roughly 480,000 square feet at Douglas Emmett-owned properties in greater Los Angeles but isn't expected to renew its leases. (CoStar)
CoStar News
August 3, 2023 | 10:30 P.M.

A major owner of office and apartment properties in Los Angeles County is hopeful a more typical leasing pattern is emerging for physical workstations, but the the company still is struggling to woo large tenants.

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