Office tea leaves: lease downtown, default on outskirts and half-price deal in Malibu

We had news from across the geographic spectrum of the Los Angeles office world, with significant deals ranging from downtown to its outskirts and all the way west to Malibu. And it wasn’t all distress, so let’s start with the good news.  The deals tell us more of what we already know about Los Angeles’ office sector — there is a years-long, post-pandemic recalibration happening all over (no one is totally immune), and there are still companies that haven’t given up on downtown.  Caruso says look to the north  Speaking of Downtown Los Angeles, billionaire developer Rick Caruso said it […]This article originally appeared on The Real Deal. Click here to read the full story.