I live in the heart of Hollywood and there is tons of commercial space for rent here right now. I am surprised at how many places have been trying to get a tenant without success for as long as they have. Except that places which have been empty for literally years still have asking prices of around four grand for teeny square footage. I'm sure there are tax advantages or something to keeping the prices artificially inflated above what anyone will pay. Only there is an exception to the nobody-will...
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