The typical asking rate per listing is in the $60's per square foot per year. The La Jolla Commons submarket is going through a a boost in rates. In the last 3 months, the median rate rose $67 per sqft per year.
Compared to the rest of the San Diego market, the La Jolla Commons submarket has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 14 listings have been made available, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 3,630 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 13 stories. Most buildings in this region were built in 2010 and are Class A.
Public administration is the dominant industry in this area. Most of the folk of La Jolla Commons work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in La Jolla Commons.
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