Whittier Office Space

Whittier

Office Space Market Report

Number of Listings (last 90 days)
5
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
900
As of: March 12, 2017

Whittier Rates

Most listings are in the $30's per square foot per year. The Whittier region is experiencing a a boost in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 14% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Whittier submarket has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Whittier Listing Supply

In the last 90 days, 5 listings have come on the market, which means spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 40% of the office spaces in the Whittier 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 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 900 sqft. Most properties in this area are approximately 2 stories. Most buildings in this area were built in 1974 and are Class B.

Whittier Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Whittier 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 Whittier.
Market Report

Market Data

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

Whittier Submarkets