Most listings are in the $90's per square foot per year. The Beverly Hills region is seeing a a boost in rates. In the last 3 months, the median rate went up $12 per sqft per year. That's a 15% increase in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Beverly Hills region has greater rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 68 listings have been posted online, so you'll want to check back regularly for new listings. About 10% of the office spaces in the Beverly Hills are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
Even though the median size is 3,000 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are around 4 stories. Most buildings in this market were built in 1964 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Beverly Hills folk. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.