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1. • • The demand for office space in Los Angeles is weaker than in other parts of the country. In the second quarter of 2024, more office space was left unoccupied (-449,542 square feet) compared to the same period in 2023 (-544,922 square feet). Over the past year, rent growth for office space was minimal at 0.5%, compared to a decline of 0.9% in 2023.
     Reference:

     Los Angeles Commercial Real Estate: Office, Retail ...

2. People also ask

   How much does office space cost in Los Angeles?

   • On average, class A office space in Los Angeles rents for $56.72 per square foot. Class B office space averages $41.63 per square foot, while class C office space sees an average asking rent of $27.56 per square foot.

   Los Angeles Office Price per Sqft and Office Market Trends - Commercia…

   www.commercialcafe.com/office-market-trends/us/ca/los-angeles/

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   What is the average size of an office space in Los Angeles?

   • The average size of an available office space here is 18,211 square feet. However, availabilities range from 105 square feet to 28,314,000 square feet. In Los Angeles, you’ll find that the highest number of office space listings is in Downtown Los Angeles, where you’ll find 624 office space (s) currently available.

   Los Angeles, CA Office Space for Rent - PropertyShark

   www.propertyshark.com/cre/office/us/ca/los-angeles/

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   How much is office rent in Los Angeles in 2023?

   • The average office rent in Los Angeles was $49.02 per square foot in 2023. Class A office spaces had an average asking rent of $56.72 per square foot.

   Los Angeles Office Price per Sqft and Office Market Trends - Commercia…

   www.commercialcafe.com/office-market-trends/us/ca/los-angeles/

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   Is Los Angeles a good location for office space?

   • The sprawling metropolis of Los Angeles is the second-largest city in the U.S. It’s also the seat of Los Angeles County — the nation’s most populous county — with a large inventory of office space to offer. Major companies with a worldwide reach are also headquartered in the city, making it a prestigious location for office space.

   Los Angeles, CA Office Space for Rent - CommercialCafe

   www.commercialcafe.com/office/us/ca/los-angeles/

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   What is the office market in Los Angeles?

   • The office market in Los Angeles, CA incorporates 236,039,556 square feet of office space across 1,231 buildings that are at least 25,000 square feet in size. Office buildings here offer a variety of architectural styles, amenity packages, and location character for you to consider when looking for an office leasing opportunity.

   Los Angeles, CA Office Space for Rent - PropertyShark

   www.propertyshark.com/cre/office/us/ca/los-angeles/

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   How much does an office lease cost in Los Angeles?

   • Search office properties for lease and view the Market Overview section below for local stats and insight. Depending on property quality, location, amenities, and other factors — such as what type of office lease you sign up for — the rent for office space in Los Angeles can be as low as $18 per square foot.

   Los Angeles, CA Office Space for Rent - PropertyShark

   www.propertyshark.com/cre/office/us/ca/los-angeles/

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3. www.cushmanwakefield.com › en › united-statesA Closer Look at the Los Angeles Office Market

   www.cushmanwakefield.com › en › united-states

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   Jun 1, 2023 · As of Q1 2023, available sublease office space in LA has increased by 190% and currently makes up 17% of available space in the market. Vacant sublease space now makes up nearly 11% of total vacant office space in LA. Here’s an overview of the key trends we’re seeing.

   • Location: 225 West Wacker, Chicago, 60606, IL

   • Occupation: Research Director, Southern California

4. www.commercialcafe.com › us › caLos Angeles Office Price per Sqft and Office Market Trends

   www.commercialcafe.com › us › ca

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   Mar 31, 2023 · The sale price for office space in Los Angeles averaged $190.16 per square foot in 2023, across all market subdivisions and asset classes. Conversely, the statewide California average office sale price during the same time period was $256.51 per square foot.

5. kidder.com › market-reports › los-angeles-officeLos Angeles Office Market Report | Kidder Mathews

   kidder.com › market-reports › los-angeles-office

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   After the first half of 2024, the Los Angeles office market will face various challenges. Co-working spaces are gaining importance as businesses adapt to changing employee preferences and priorities. With economic stabilization, companies may expand and hire again, increasing demand for office space.

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     Office Space for Lease or Rent Los Angeles CA 90036 5225 Wilshire Boulevard

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     LA Times Today: Goodbye, water cooler. More L.A. offices are becoming apartments

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7. www.philippeproperties.com › blog › losangelesLos Angeles Commercial Real Estate: Office, Retail ...

   www.philippeproperties.com › blog › losangeles

   • Cached

   Aug 28, 2024 · The demand for office space in Los Angeles is weaker than in other parts of the country. In the second quarter of 2024, more office space was left unoccupied (-449,542 square feet) compared to the same period in 2023 (-544,922 square feet).

   • Location: 3130 Wilshire Boulevard Santa Monica, CA, 90403 United States
   • Email: Rindephilippe@bhhscal.com

   • Phone: (310) 422-9001

8. www.commercialcafe.com › office › usLos Angeles, CA Office Space for Rent - CommercialCafe

   www.commercialcafe.com › office › us

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   The average rent for office space in Los Angeles is $49.02 per square foot. The minimum rental rate for office space in Los Angeles is $7.5 per square foot. Among listings of office space currently available for lease in Los Angeles, the maximum rental rate is $192 per square foot.

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9. www.regus.com › en-us › magazinesA guide to office space in Los Angeles - Regus

   www.regus.com › en-us › magazines

   Feb 3, 2023 · The Los Angeles metropolitan area is home to more than 20 Fortune 500 companies. The tech industry has a strong presence in Los Angeles, with some of the world's most successful companies, such as Google and Uber having offices in the city.

10. www.propertyshark.com › cre › officeLos Angeles, CA Office Space for Rent - PropertyShark

    www.propertyshark.com › cre › office

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    Office spaces currently listed for rent in Los Angeles, CA incorporates 27,867,751 square feet across 3,933 unique space(s). Local office space opportunities include office property subtypes such as: General Office, Creative Office, Medical Office.