Commerce Sublease

Commerce

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
2,400
As of: June 27, 2017

Commerce Rates

Most listings are in the $30's per square foot per year. The Commerce region is going through a an increase in rates. In the last 3 months, the median rate went up $33 per sqft per year.

Compared to the rest of the Metropolitan Los Angeles market, the Commerce region has lower rates, so you should have no trouble finding a great deal in this depreciated submarket.

Commerce Listing Supply

In the last 90 days, 7 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 171% of the listings in the Commerce 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 2,690 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 2 floors. Most buildings in this area were built in 1967 and are Class A.

Commerce Community

A large portion of this area is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this market. Most of the folk of Commerce work from home. Commuting between 30 and 45 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 Commerce.
Market Report

Market Data

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

Commerce Submarkets