Platinum Triangle Retail

Platinum Triangle

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
3,710
As of: January 15, 2017

Platinum Triangle Rates

Most listings are in the $20's per square foot per year. The Platinum Triangle submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $12 per sqft per year. That's a 33% decline in rent.

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

Platinum Triangle Listing Supply

In the last 90 days, 3 listings have come on the market, which means spaces might be going fast. You'll want to be prepared to make an offer immediately. About 67% of the available space in the Platinum Triangle 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.

Even though the median size is 3,710 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are close to 4 floors. Most buildings in this market were built in 1986 and are Class B.

Platinum Triangle Community

A large portion of this region is residential, but there's plenty of office_space. Public administration is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Platinum Triangle occupants. Commuting around an hour 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 Platinum Triangle.
Market Report

Market Data

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