Pacific Palisades Office Space

Pacific Palisades

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$51
Median Size (sqft)
880
As of: March 12, 2017

Pacific Palisades Rates

The typical asking rate per listing is in the $50's per square foot per year. The Pacific Palisades submarket is going through a a boost in rates. In the last 3 months, the median rate went up $51 per sqft per year.

Pacific Palisades Listing Supply

In the last 90 days, 1 listings have been made available, which means leases are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 880 sqft. Most buildings in this market are close to 3 floors. Most buildings in this area 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 area. Commute by car is the most popular way to get to work amongst Pacific Palisades occupants. 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