Glendale Office & Commercial Space
Located within Los Angeles County in the state of California, the city of Glendale features a residential population of approximately 200,000 inhabitants. Due to its advantageous positioning in close proximity to many of California’s larger cultural and economic centers, the residents of Glendale have at their disposal numerous opportunities for entertainment, employment and enrichment. Business owners seeking rental properties for lease in Glendale, including office space for rent and commercial space for rent, will find that this city provides a supportive platform on which to develop businesses that may be poised for future growth and development throughout the state at large. The neighborhood zones of Glendale are currently home to a vast array of small, medium and large size businesses and commercial enterprises.
Glendale Economic Overview
Median household income levels in Glendale are approximately $51,000, slightly below state averages. With this in mind, the area is commonly considered to host a middle-income demographic. Popular occupations for residents of Glendale include positions in the manufacturing, construction, education and hospitality industries, among others. Unemployment levels in Glendale are currently in line with state averages. That being said, the point should also be made that California’s unemployment levels are significantly higher than national averages as a whole. This may prove to be somewhat discouraging for some business owners, particularly for those seeking to establish a consumer-driven retail establishment.
Glendale At A Glance
Glendale was first incorporated as a city in the state of California in 1906. The area developed rapidly throughout the middle of the 20th century, drawing many significant industries and employers that have resided here for decades to come. Demographically, Glendale is primarily Caucasian, although a significant number of additional ethnic groups can be found here. Current studies estimate that approximately 12% of the local population lives below the poverty line in Glendale. While this has, obviously, affected the local economic climate, the area remains quite active, and provides numerous growth opportunities for all who choose to settle here.
Where to Lease in Glendale
Many of the business owners who choose to establish operations in Glendale seek out properties for lease in the downtown region of the city. This is, obviously, the area that is most likely to receive pedestrian traffic from both locals and tourists alike. Those seeking to establish manufacturing businesses in Glendale are likely to find suitable properties on the outskirts of the city.
Real time and historical data on commercial real estate listings in Glendale.