Office space for rent
One notable LA Office Sales transaction reported in Q3 2018 was a 1,188,577 sf office property in Santa Monica. A few Los Angeles office lease transactions are Anthem Blue Cross (169K SF), Honey (131K SF), and WeWork (79K SF). Many of these office transactions occurred around the Westside of Los Angeles, CA, in cities such as Santa Monica, Downtown LA, Westwood, Playa Vista, Marina Del Rey, Venice, and Beverly Hills. There were several large office lease and sale transactions reported in Los Angeles, CA. Los Angeles, CA Largest Office Space Transactions in Q3, 2018 With these new office space developments, Los Angeles will continue to attract companies in the entertainment, tech, and media industry. These office building projects are located mainly in West Los Angeles, North Los Angeles, and DTLA. New Office Space & Property for Rent Under Construction in Los Angeles, CAĪccording to Newmark Knight Frank, there’s 2,533,003 square feet of commercial office spaces being developed in Los Angeles, CA. These office space lease rates range from $2.25 to $2.72 psf. Affordable areas to lease office space in Los Angeles include Carson, Torrance, Long Beach, Agoura Hills, Chatsworth, Tarzana, North Hollywood, and San Gabriel Valley. Due to the high tenant demand in these cities, rates have climbed up to be closer to $3.51 psf to $5.66 psf. Popular areas of to rent office space in Los Angeles are cities such as Culver City, El Segundo, DTLA, Santa Monica, Pasadena, Burbank, West Los Angeles. The office vacancy rate in Los Angeles is reported to be 14.9%. Los Angeles is considered to be one of the largest office markets in the nation, however activity has been slow and steady as of Q3 2018. The commercial office rental market in Los Angeles is 200,091,573 square feet and is on average $3.30 psf to lease space.
![office space for rent office space for rent](https://innovativeprofessionaloffices.com/wp-content/uploads/2015/01/MS7ME8HW2J7.jpg)
This includes small office space, Coworking Space, Executive Suites, Shared Space, Creative Space, Condos, Office Buildings, Class A, Class B, Class C, and subleases. Start browsing through office rental listings below. This information was from Avison Young Q3 2019 office market report.
![office space for rent office space for rent](https://officeshub.com/wp-content/uploads/2019/08/11450-Sq-Ft-Furnished-Office-Space-For-Rent-In-HSR-layout-min.jpg)
Los Angeles is one Southern California’s liveliest cities, containing areas such as Downtown LA, Santa Monica, Culver City, Pasadena, Venice, El Segundo, Glendale, and more. There are currently 425 available office listings for lease or rent in Los Angeles.