Eastland Sublease

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Eastland

Office Space Market Report

Number of Listings (last 90 days)
22
Median Rate ($/sqft/yr)
$38
Median Size (sqft)
790
As of: July 21, 2017

Eastland Rates

On average, listings lease in the $30's per square foot per year. The Eastland region is seeing a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 2% decline in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Eastland region has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Eastland Listing Supply

In the last 90 days, 22 listings have been posted online, which means spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 18% of the available space in the Eastland 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.

The standard measurement for office space in this area is around 790 sqft. Most properties in this market are close to 13 stories. Most buildings in this region were built in 1987 and are Class A.

Eastland Community

A large portion of this region is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by bike is the most popular way to get to work amongst Eastland occupants. Commuting approximately an hour 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 Eastland.
Market Report

Market Data

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