Town Center Office Space For Lease

Town Center

Market Report

Number of Listings For Lease
Posted in the last 90 days
3
Median Rate ($/sqft/yr)
$35
Median Size (sqft)
1,420

Town Center Commercial Real Estate

Find Town Center commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Town Center commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Town Center Rates

On average, commerial real estate listings lease in the $30's per square foot per year. The Town Center region is experiencing a a boost in rates. In the last 3 months, the median rate for lease increased $35 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles commercial real estate market, the Town Center submarket has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Town Center Listing Supply

In the last 90 days, 33 commercial real estate listings have been listed, which means leases most likley are going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard size for office space in this area is around 1,420 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built close to 1993 and are Class A.

Town Center Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Most of the residents of Town Center work from home. Commuting around an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Town Center.
Research