Market

location

The Most Dynamic Market in the Tri-ciies.

  • The last decade has ushered in a radical transformation of Glendale into a leading Los Angeles office market with premiere urban housing options, regional-leading amenities, strong transit accessibility, exceptional demographics and high quality corporate, entertainment and creative tenants.
  • Tenants from Pasadena, Burbank, Hollywood and DTLA have been increasingly migrating to Glendale as their desired location, drawn by the city’s amenities, urban housing, demographics, accessibility, lifestyle, and the city’s low cost of doing business. There is no Gross Receipts tax.
  • Glendale’s Class A vacancy currently at 11.8%, is expected to hit single digits in 2017 based upon current leasing activity.
  • In the last five years, Glendale’s net absorption has totaled over 62% of the entire Tri-Cities Market while accounting for under 25% of its base.

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