Most listings are in the $30's per square foot per year. The Warner Center region is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decrease in rent.
Compared to the rest of the Metropolitan Los Angeles market, the Warner Center submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 90 listings have been made available, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Warner Center are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 2,370 sqft. Most properties in this area are approximately 6 floors. Most buildings in this market were built in 1979 and are Class A.
A large portion of this area is residential, but there's plenty of office_space. Wholesale trade is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Warner Center residents. Commuting approximately 15 minutes a day is the norm for those who opt to reside in this part of town.