Northwood Office Space

Northwood

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
2,800
As of: February 23, 2017

Northwood Rates

The typical asking rate per listing is in the $30's per square foot per year. The Northwood submarket is going through a a rise in rates. In the last 3 months, the median rate increased $36 per sqft per year.

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

Northwood Listing Supply

In the last 90 days, 5 listings have been made available, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,800 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this area were built in 2007 and are Class A.

Northwood Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by motorcycle is the most popular way to get to work amongst Northwood folk. Commuting approximately an hour 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 Northwood.
Market Report

Market Data

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