West Pasadena Industrial

West Pasadena

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
2,240
As of: June 22, 2017

West Pasadena Rates

On average, listings lease in the $40's per square foot per year. The West Pasadena region is going through a a rise in rates. In the last 3 months, the median rate increased $45 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the West Pasadena region has greater rates, and you'll need to make a great offer to be in this hot region.

West Pasadena Listing Supply

In the last 90 days, 4 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 75% of the available leases in the West 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,240 sqft. Most properties in this region are approximately 1 stories. Most buildings in this region were built in 1967 and are Class A.

West Pasadena 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 market. Commute by bike is the most popular way to get to work amongst West Pasadena residents. Commuting approximately 15 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 West Pasadena.
Market Report

Market Data

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