Downtown Long Beach Retail

Downtown Long Beach

Office Space Market Report

Number of Listings (last 90 days)
22
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
1,980
As of: June 23, 2017

Downtown Long Beach Rates

The typical asking rate per listing is in the $30's per square foot per year. The Downtown Long Beach submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $34 per sqft per year.

Downtown Long Beach Listing Supply

In the last 90 days, 22 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 241% of the available space in the Downtown Long Beach 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 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 1,980 sqft. Most buildings in this area are around 6 stories. Most buildings in this area were built in 1975 and are Class A.

Downtown Long Beach Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this region. Commute by walking is the most popular way to get to work amongst Downtown Long Beach residents. Commuting around 15 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 Downtown Long Beach.
Market Report

Market Data

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