The typical asking rate per listing is in the $50's per square foot per year. The Del Amo Fashion Center region is seeing a a boost in rates. In the last 3 months, the median rate increased $51 per sqft per year.
Compared to the rest of the Metropolitan Los Angeles market, the Del Amo Fashion Center region has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 24 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About 4% of the available leases in the Del Amo Fashion Center are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,490 sqft. Most buildings in this market are approximately 8 floors. Most buildings in this area were built in 1981 and are Class B.
This market is fairly equally mixed residential and commercial. Construction is the dominant industry in this region. Most of the residents of Del Amo Fashion 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.