California Retail

California

Office Space Market Report

Number of Listings (last 90 days)
9,975
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
2,530
As of: May 21, 2017

California Rates

The typical asking rate per listing is in the $30's per square foot per year. The California region is experiencing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 2% increase in rent.

California Listing Supply

In the last 90 days, 9975 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the listings in the California are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,530 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1960 and are Class B.

California Community

Market Report

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

Market Data

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