@irreticent to Los Angeles • 11 months agoThird-tallest tower in Los Angeles sells for 45% less than last purchase price as remote work, interest rates drive down office valuesfortune.comexternal-linkmessage-square15arrow-up1214arrow-down13file-text
arrow-up1211arrow-down1external-linkThird-tallest tower in Los Angeles sells for 45% less than last purchase price as remote work, interest rates drive down office valuesfortune.com@irreticent to Los Angeles • 11 months agomessage-square15file-text
With almost 30% of downtown LA office space available for lease or sublease, the value of the 62-story Aon Center plummeted.
Good. Fuck em.