Downtown Santa Monica Sublease

Downtown Santa Monica

Office Space Market Report

Number of Listings (last 90 days)
13
Median Rate ($/sqft/yr)
$71
Median Size (sqft)
6,280
As of: July 22, 2017

Downtown Santa Monica Rates

Downtown Santa Monica Listing Supply

In the last 90 days, 13 listings have been made available, which means leases are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 77% of the office spaces in the Downtown Santa Monica 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 6,280 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are approximately 4 floors. Most buildings in this area were built in 1987 and are Class A.

Downtown Santa Monica Community

A large portion of this region is residential, but there's plenty of office_space. Real estate is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Downtown Santa Monica folk. Commuting under 5 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 Downtown Santa Monica.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Santa Monica.
Research