Friday 30 October 2020

“Sad day” in LA: CBRE’s corporate exit latest blow to dented office market

CBRE’s decision to shift its global HQ from Los Angeles to Dallas wasn’t mentioned on the company’s third-quarter earnings call Thursday. But the move, which the Dallas Morning News first reported earlier that morning, didn’t go unnoticed. “It’s yet another sad day in the city of Los Angeles,” said Ryan Leaderman, a real estate attorney at Holland & Knight’s L.A. office. CBRE, the world’s largest real estate services firm, later confirmed the change. “It was



source https://therealdeal.com/2020/10/30/sad-day-in-la-cbres-corporate-exit-latest-blow-to-dented-office-market/

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