On average, listings lease in the $30's per square foot per year. The Golden Triangle North region is experiencing a an increase in rates. In the last 3 months, the median rate rose $38 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Golden Triangle North submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 5 listings have been made available, which means 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 available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,880 sqft. Most properties in this area are around 4 floors. Most buildings in this region were built in 2005 and are Class A.
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 market. Commute by car is the most popular way to get to work amongst Golden Triangle North occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.