Commerce Industrial

Commerce

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
2,690
As of: May 24, 2017

Commerce Rates

The typical asking rate per listing is in the $30's per square foot per year. The Commerce submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 7% 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 undervalued submarket.

Commerce Listing Supply

In the last 90 days, 7 listings have been posted online, which means office spaces 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 2,690 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are approximately 2 stories. Most buildings in this area were built in 1967 and are Class A.

Commerce Community

A large portion of this market is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this region. 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