Paramount Mandates Office Return: Impacts for L.A. Commercial Real Estate
Paramount is requiring its L.A. and New York employees to return to the office full-time beginning January 5, 2026. This matters because it could affect office demand, leasing, and building operations in Los Angeles.
In Los Angeles, this is a big change from one of the city’s largest employers, with direct effects on commercial real estate.
What You Need to Know
- Full Return-to-Office for Paramount employees
- Paramount’s changes may reduce total office space but increase use of its main offices.
- As a big employer, Paramount’s decision may influence other companies’ return-to-office plans.
How It Impacts You
Paramount’s move shows key trends in the market:
Reinforcing Office Demand: A major tenant coming back daily helps reduce vacancies and shows the value of well-managed offices.
Shifting Leasing: Paramount’s return may lead other tenants to rethink their space, boosting leasing activity.
Operational Readiness: More employees on-site means higher demand on building systems, security, parking, and amenities.
Stay Connected
BOMA/GLA will keep watching trends like Paramount’s return-to-office and advocate for policies that keep L.A.’s office market strong.
Follow BOMA on the Frontline for more news impacting members.
