Platinum Triangle Sublease

Platinum Triangle

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 27, 2016

Platinum Triangle Rates

Most listings are in the $30's per square foot per year. The Platinum Triangle region is experiencing a a boost in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 32% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Platinum Triangle submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

Platinum Triangle Listing Supply

In the last 90 days, 5 listings have been made available, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 40% of the listings in the Platinum Triangle are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,730 sqft. Most buildings in this market are around 4 floors. Most buildings in this area 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 residents. Commuting approximately 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.