Northwest Pasadena Industrial

Northwest Pasadena

Office Space Market Report

Number of Listings (last 90 days)
35
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
3,760
As of: August 17, 2017

Northwest Pasadena Rates

On average, listings lease in the $30's per square foot per year. The Northwest Pasadena submarket is going through a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 4% decrease in rent.

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

Northwest Pasadena Listing Supply

In the last 90 days, 6 listings have been made available, which means spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 83% of the available space in the Northwest Pasadena 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.

Even though the median size is 3,760 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1988 and are Class B.

Northwest Pasadena Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Northwest Pasadena occupants. 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 Northwest Pasadena.
Market Report

Market Data

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