It’s becoming clearer by the day that Los Angeles is the place to be for startups and investors, as evidenced by the biggest names in tech and new media laying down roots here.
The collective known as FAANG — Facebook, Apple, Amazon, Netflix, and Google — has in the past two years leased some 3.35 million square feet of office space in L.A., which is twice as much real estate as the entire US Bank Tower. And one of the most interesting aspects of this activity is that the companies are securing the space long before they actually move in.
Read more about this trend and what implications it might have for our city here.