Downtown Los Angeles is weathering one of its slowest office leasing environments in history, but a spate of new tenants in the fashion industry is on the hunt for space.
The latest and largest is Finesse, a startup that uses artificial intelligence and online surveys to determine what clothes its fans want to buy. Finesse subleased 23K SF of office space in The Bloc LA, a mixed-use property renovated in 2016.
Finesse was already in Downtown, with about 5K SF on Main Street, Found Real Estate principal Matt McLaughlin said. McLaughlin and fellow Found Real Estate principal Doug Fillmore represented Finesse in the lease.
Source: Fashion Companies Seeking Office Space Are Flocking To DTLA