Playhouse District Industrial

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

Playhouse District

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$49
Median Size (sqft)
820
As of: July 27, 2017

Playhouse District Rates

On average, listings lease in the $40's per square foot per year. The Playhouse District submarket is going through a a rise in rates. In the last 3 months, the median rate increased $6 per sqft per year. That's a 14% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Playhouse District submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Playhouse District Listing Supply

In the last 90 days, 16 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 69% of the available leases in the Playhouse District 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 820 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1968 and are Class A.

Playhouse District Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Playhouse District residents. 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 Playhouse District.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Playhouse District.
Research