Downtown Los Angeles Is About to Become the Cultural Epicenter of the West Coast
A Veteran Commercial Real Estate Broker Explains Why
Thirty years of commercial real estate experience in New York and around the country have taught me a few things, including this: what’s old is new again. If you’ve lived in Los Angeles long enough, you might remember when Abbott Kinney in Venice was a rundown stretch of homes. Today, it’s an upscale shopping and dining district.
You might also remember when downtown Los Angeles faded into an urban ghost town in the early 1990s, as commercial real estate values dropped sharply from the 1980s when Japanese real estate investors went …
