Beverly Hills Sublease

Beverly Hills

Office Space Market Report

Number of Listings (last 90 days)
68
Median Rate ($/sqft/yr)
$93
Median Size (sqft)
2,020
As of: June 23, 2017

Beverly Hills Rates

Most listings are in the $90's per square foot per year. The Beverly Hills submarket is going through a a rise in rates. In the last 3 months, the median rate increased $93 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Beverly Hills region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Beverly Hills Listing Supply

In the last 90 days, 68 listings have come on the market, so you'll want to check back regularly for new listings. About 62% of the available leases in the Beverly Hills 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 2,020 sqft. Most properties in this area are around 4 floors. Most buildings in this market were built in 1964 and are Class A.

Beverly Hills Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Manufacturing is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Beverly Hills folk. Commuting close to 30 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 Beverly Hills.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Beverly Hills.
Research

Beverly Hills Submarkets