Downtown Long Beach Retail

Downtown Long Beach

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
30,000
As of: February 27, 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 experiencing a an increase in rates. In the last 3 months, the median rate went up $0 per sqft per year. That's a 1% rise in rent.

Downtown Long Beach Listing Supply

In the last 90 days, 2 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. 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 30,000 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 6 stories. Most buildings in this region were built in 1980 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 area. Commute by walking is the most popular way to get to work amongst Downtown Long Beach folk. Commuting close to 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