Rents Are Rising In Downtown LA

According to LA Downtown News, rents in downtown LA rose 4.8% and vacancy went from 9.7% in 2009 to 4.4% in the middle of 2013. The slow revitalization of downtown Los Angeles is finally coming to fruition. With the opening of new grocery stores, retailers, coffee shops and restaurants, and a burgeoning arts scene, downtown neighborhoods such as the historic core, the arts district, and the fashion district are coming back to life.

Read the full article here: http://www.ladowntownnews.com/news/rents-rising-vacancy-dwindling-in-downtown/article_5ea4ae98-2560-11e3-b538-0019bb2963f4.html