El Segundo Office Space

El Segundo

Office Space Market Report

Number of Listings (last 90 days)
43
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
3,780
As of: January 18, 2017

El Segundo Rates

The typical asking rate per listing is in the $50's per square foot per year. The El Segundo region is seeing a a rise in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 10% increase in rent.

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

El Segundo Listing Supply

In the last 90 days, 47 listings have come on the market, so you'll want to check back regularly for new listings. About 9% of the available leases in the El Segundo are subleases, so you will probably have to focus your search on direct office leases. 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 3,780 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are around 3 floors. Most buildings in this area were built in 1984 and are Class A.

El Segundo Community

A large portion of this market is residential, but there's plenty of office_space. Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst El Segundo 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 El Segundo.
Market Report

Market Data

Real time and historical data on commercial real estate listings in El Segundo.
Research

El Segundo Submarkets