Article: Mid-Wilshire weakens further in spring quarter.(Special Report: Real Estate Quarterly)

Completion of subway construction offers hope

Mid-Wilshire - Although second-quarter results for the Mid-Wilshire office submarket were abysmal, as they have been for years, that failed to dampen the enthusiasm of commercial brokers servicing the area.

"Now that construction for the Metro Red Line is for the most part complete, I think the worst is behind us," said Rick Buckley, senior associate for CB Commercial Real Estate Group Inc.

Buckley said the completion of subway construction removes a big deterrent to office tenancy and that some of the best values can be found in Mid-Wilshire.

Apparently, Duta Angadda Realty shares that sentiment. In ...

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