Most listings are in the $30's per square foot per year. The Downtown Long Beach submarket is going through a a rise in rates. In the last 3 months, the median rate rose $34 per sqft per year.
In the last 90 days, 22 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 241% of the available leases in the Downtown Long Beach are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,980 sqft. Most properties in this region are around 6 stories. Most buildings in this region were built in 1975 and are Class A.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Downtown Long Beach folk. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.