Newport Beach Office Space

Newport Beach

Office Space Market Report

Number of Listings (last 90 days)
96
Median Rate ($/sqft/yr)
$53
Median Size (sqft)
2,090
As of: May 21, 2017

Newport Beach Rates

Most listings are in the $50's per square foot per year. The Newport Beach region is experiencing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 1% decrease in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Newport Beach region has more expensive rates, and you'll need to make a great offer to be in this hot submarket.

Newport Beach Listing Supply

In the last 90 days, 96 listings have been made available, so you'll want to check back regularly for new listings. About 3% of the available leases in the Newport Beach are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,090 sqft. Most properties in this area are approximately 2 floors. Most buildings in this region were built in 1980 and are Class B.

Newport Beach Community

Market Report

Trends and status of the commercial real estate market in Newport Beach.
Market Report

Market Data

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