Los Angeles, a global hub for business and entertainment, offers a unique opportunity for companies to thrive in a diverse and dynamic environment. With 500 office spaces for lease, businesses can find the perfect location to suit their needs. The city's infrastructure, including the Los Angeles Metro Rail system, Metrolink commuter rail system, and major airports like LAX, ONT, BUR, LGB, and SNA, makes it an ideal location for companies that require easy access to transportation. Additionally, the city's diverse economy, driven by industries such as international trade, entertainment, aerospace, technology, petroleum, fashion, tourism, finance, and healthcare, provides a wide range of opportunities for businesses to grow and succeed. The presence of major companies like Warner Bros. Entertainment, Universal Pictures, and Paramount Pictures, as well as institutions like UCLA and Caltech, further solidifies Los Angeles as a prime location for businesses.
Office spaces for lease in Los Angeles offer a range of options, from 8,747 square feet to 545,710 square feet, with an average annual rent of $37 USD per square foot. In addition to office spaces, Los Angeles also offers a range of other property types, including coworking spaces, flex spaces, medical offices, and retail spaces. Coworking spaces in Los Angeles provide a collaborative and dynamic environment for startups and entrepreneurs, while flex spaces offer a flexible and adaptable solution for businesses with changing needs. Medical offices in Los Angeles are well-equipped to serve the city's diverse population, and retail spaces offer a range of opportunities for businesses to connect with customers. With its diverse economy, rich cultural heritage, and wide range of property options, Los Angeles is an ideal location for businesses to thrive.
What is the average size of office space for lease in the Los Angeles market?
In the Los Angeles market, the average size of office space for lease is 8,747 square feet, with a total of 500 available listings, ranging from smaller spaces to larger ones up to 545,710 square feet, offering a variety of options for businesses of different sizes and needs.
Are there different types of office space leases available?
In Los Angeles, there are various types of office space leases available to suit different business needs, including:
- Full-service leases, which typically include utilities, maintenance, and amenities in the rent;
- Modified gross leases, which combine base rent with a proportionate share of operating expenses;
- Triple net leases, where the tenant pays base rent plus all operating expenses, property taxes, and insurance.
With 500 available listings of office space in Los Angeles, businesses can find the perfect lease option to fit their budget and requirements, ranging from 8,747 square feet to 545,710 square feet, at an average annual rent of $37 USD per square foot.
