LA Office Lease Demand Recovers From Pandemic-Driven Slump


DeVry University Inc. signed a lease for 
10,111 square feet in Encino.

DeVry University Inc. signed a lease for
10,111 square feet in Encino.

The office leasing market has rebounded since the start of the Covid-19 pandemic.
In the first quarter of 2020, prior to the majority of pandemic-related shutdowns, 748 leases for office space, representing 3.3 million square feet, were signed in L.A. County, according to Jones Lang LaSalle Inc. By the next quarter, however, that number had fallen to 1.7 million square feet and 344 leases. …

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