Roughly 12 million square feet of commercial real estate is at risk of damage from the ongoing Los Angeles wildfires, a figure that represents less than 1% of the total business inventory in Los Angeles but isn't without wide-reaching implications for the nation's most populous county.
Los Angeles fires put 12 million square feet of commercial property at risk
Office, apartments and retail property make up bulk of buildings in evacuation zones
CoStar News
January 15, 2025 | 11:12 P.M.
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IN THIS ARTICLE
- Companies
- R.W. Selby & Company, Inc.
Real Estate
- Contacts
- Sanford Sigal
President & Chief Executive Officer, NewMark Merrill Companies