Pacific Palisades Office Space

Pacific Palisades

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$103
Median Size (sqft)
2,710
As of: July 19, 2017

Pacific Palisades Rates

The typical asking rate per listing is in the $100's per square foot per year. The Pacific Palisades submarket is going through a an increase in rates. In the last 3 months, the median rate increased $103 per sqft per year.

Pacific Palisades Listing Supply

In the last 90 days, 1 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 1,100% of the available leases in the Pacific Palisades 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 posted, so finding a space for a small business might be tough.

Even though the median size is 2,710 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this region were built in 1980 and are Class A.

Pacific Palisades Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by car is the most popular way to get to work amongst Pacific Palisades 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 Pacific Palisades.
Market Report

Market Data

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