Most listings are in the $20's per square foot per year. The Platinum Triangle submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 33% decline in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Platinum Triangle region has smaller rates, so you should have no trouble finding a great deal in this depreciated submarket.
In the last 90 days, 3 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 67% of the available space in the Platinum Triangle 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 available, so finding a space for a small business might be tough.
Even though the median size is 3,710 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 4 floors. Most buildings in this market were built in 1986 and are Class B.
A large portion of this region is residential, but there's plenty of office_space. Public administration is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Platinum Triangle occupants. Commuting around an hour a day is the norm for those who opt to reside in this part of town.