Commerce Industrial

Commerce

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$31
Median Size (sqft)
3,980
As of: February 26, 2017

Commerce Rates

The typical asking rate per listing is in the $30's per square foot per year. The Commerce submarket is seeing a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 5% decline in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Commerce submarket has lower rates, so you should have no trouble finding a great deal in this discounted region.

Commerce Listing Supply

In the last 90 days, 7 listings have been made available, which means leases 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 3,980 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1965 and are Class A.

Commerce Community

A large portion of this region is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this area. Most of the folk of Commerce work from home. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Commerce.
Market Report

Market Data

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

Commerce Submarkets