Cost of Office Space in San Francisco vs LA Office Rental Prices
April 22nd, 2024Comparing Office Space Costs: LA vs. San Francisco
Los Angeles and San Francisco are home to some of the largest and most dynamic office space markets on the US West Coast. However, there are important differences in the costs involved in setting up an office in these locations. In this article, we offer a comparative cost analysis of office lease costs between Los Angeles and San Francisco.
Los Angeles: The US creative capital
Being the nation’s creative capital, Los Angeles is a magnet for businesses looking for office space to carry out media, entertainment, design, and advertising activities.
In 2023, the city’s creative industries contributed nearly 15% of the state’s total economic output.
The majority of these businesses are located in downtown LA but also in exclusive hillside and waterfront locations, such as Hollywood, Silicon Beach, the Arts District, Playa Vista, and Burbank.
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