Most listings are in the $40's per square foot per year. The Pasadena Civic Center District region is going through a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 5% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Pasadena Civic Center District submarket has greater rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 8 listings have been posted online, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 25% of the office spaces in the Pasadena Civic Center District are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 750 sqft. Most properties in this area are close to 6 floors. Most buildings in this market were built in 1928 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Real estate is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Pasadena Civic Center District residents. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.