Most listings are in the $10's per square foot per year. The The Colony submarket is going through a a rise in rates. In the last 3 months, the median rate went up $17 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the The Colony submarket has smaller rates, so you should have no trouble finding a great deal in this undervalued submarket.
In the last 90 days, 4 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 125% of the office spaces in the The Colony 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.
The standard measurement for office space in this area is around 1,970 sqft. Most properties in this market are around 2 stories. Most buildings in this area were built in 1984 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by motorcycle is the most popular way to get to work amongst The Colony residents. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.