Town Center Sublease

Town Center

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 23, 2016

Town Center Rates

On average, listings lease in the $30's per square foot per year. The Town Center submarket is going through a a rise in rates. In the last 3 months, the median rate increased $2 per sqft per year. That's a 5% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Town Center region has greater rates, and you'll need to make a great offer to be in this hot region.

Town Center Listing Supply

In the last 90 days, 6 listings have been listed, which means new availabilities are probably going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 4,030 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 2008 and are Class A.

Town Center Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this region. Most of the residents of Town Center work from home. Commuting approximately an hour and a half 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 Town Center.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Town Center.