Tenant Perspective – Part 2

2. Playing monopoly

The days of 50 to 100 different commercial landlords existing in a given submarket are over. Today, fewer and fewer players have stakes in the ownership of buildings. For example, Douglas Emmett, Inc. (NYSE:DEI) owns 53 percent of the class A office square footage in Woodland Hills, California. With few competitive choices for tenants, a landlord with market share can confidently and rapidly drive rents higher. Tenants can find themselves with only two options: renew and pay more rent, or move out of the market.

Click Here for the 3rd factor.

For more information or to answer questions please contact.

Forrest Blake | Senior Vice President

SVN | Commercial – DTLA

800 South Figueroa Street, Suite 925, Los Angeles, CA 90017

Phone 213.618.4196 | Mobile 310.850.2381 |

CalDRE# 01054174

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