Compared to the rest of the Metropolitan Los Angeles market, the Media Center submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 30 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 7% of the available space in the Media Center are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.
Even though the median size is 18,690 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 6 stories. Most buildings in this market were built in 1985 and are Class A.
This area is fairly equally mixed residential and commercial. Education is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Media Center residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.