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Law Practice

Jul. 29, 2009

Report: Office Leasing Declines in Los Angeles

Office leasing activity in Los Angeles declined for the fourth straight quarter to record lows as law firms and other businesses continued to grapple with layoffs and a drop in demand for services, according to a report released Monday.

By Rebecca U. Cho
Daily Journal Staff Writer

Office leasing activity in Los Angeles declined for the fourth straight quarter to record lows as law firms and other businesses continued to grapple with layoffs and a drop in demand for services, according to a report Monday by a top real estate services firm.

Some firms bucked the trend, including Kirkland & Ellis and Greenberg Glusker Fields Claman & Machtinger, which leased the third- and fourth-l...

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