Hollywood Office Space

Hollywood

Office Space Market Report

Number of Listings (last 90 days)
52
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,360
As of: July 23, 2017

Hollywood Rates

On average, listings lease in the $20's per square foot per year. The Hollywood submarket is going through a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 12% decline in rent.

Compared to the rest of the Gold Coast market, the Hollywood region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Hollywood Listing Supply

In the last 90 days, 52 listings have been listed, so you'll want to check back regularly for new listings. About 65% of the office spaces in the Hollywood 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,360 sqft. Most buildings in this area are approximately 2 stories. Most buildings in this region were built in 1978 and are Class B.

Hollywood Community

Market Report

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

Market Data

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