by Kevin Wittig
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by Kevin Wittig
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The Westside market cluster of Los Angeles is comprised of trophy office properties that are highly sought after by investors ranging from high-net worth individuals to publicly-traded REITs.
In this article, we drill down into the 2015 Westside office transactions and attempt to visualize where the office investment activity is concentrated, and what can be learned.
2015 Westside Office Sales Activity Heatmap
This heat map shows the density of Class A and Class B office properties that have sold in 2015.
The concentration of activity, as shown by red highlights on the map, indicates Santa Monica and Beverly Hills as the stand-out markets for office deals.
2015 Westside Office Sales Heatmap Weighted For $/SF
This heat map places priority on price per square-foot of office properties sold in 2015.
Beverly Hills has commanded the highest price per square-foot on the Westside, followed by Santa Monica.
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