Newport Center Industrial

We couldn't find any industrial spaces for Lease and Sublease

Newport Center

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
5,260
As of: January 18, 2017

Newport Center Rates

Compared to the rest of the Metropolitan Los Angeles market, the Newport Center region has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Newport Center Listing Supply

In the last 90 days, 13 listings have come on the market, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 62% of the available space in the Newport Center 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 5,500 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 7 floors. Most buildings in this market were built in 1982 and are Class A.

Newport Center Community

Arts, entertainment, and restaurants are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst Newport Center folk. Commuting around 30 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 Newport Center.
Market Report

Market Data

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