El Segundo Office Space

El Segundo

Office Space Market Report

Number of Listings (last 90 days)
66
Median Rate ($/sqft/yr)
$53
Median Size (sqft)
3,590
As of: February 24, 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 going through a a rise in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 3% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the El Segundo region has greater rates, and you'll need to pay a premium to be in this hot region.

El Segundo Listing Supply

In the last 90 days, 66 listings have come on the market, so you'll want to check back regularly for new listings. About 11% of the office spaces in the El Segundo 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.

Even though the median size is 3,590 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are approximately 3 floors. Most buildings in this region were built in 1984 and are Class A.

El Segundo Community

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