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Most commerial real estate listings for lease are in the $30's per square foot per year. The Platinum Triangle submarket is going through a a boost in rates. In the last 3 months, the median rate for lease rose $3 per sqft per year. That's a 11% increase in rent.
Compared to the rest of the Metropolitan Los Angeles commercial real estate market, the Platinum Triangle region has lower rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 57 commercial real estate listings have been listed, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard size for office space in this area is around 1,680 sqft. Most buildings in this area are approximately 4 stories. Most buildings in this region were built approximately 1982 and are Class B.
A large portion of this region is residential, but there's plenty of office space. Public administration is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Platinum Triangle folk. Commuting close to an hour 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 Platinum Triangle.
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