In addition to preferred particularities of local culture, economy, and geography, businesses looking to expand or relocate also give great consideration to the size, variety, and quality of the commercial real estate in and around their city of interest.
Total Office Space in California: 73,694,300 Sq. Ft.
In California, the largest share of office space is in office properties sized 100k to 500k square feet. In terms of quality rating, you’ll find that 23,060,112 square feet of office space in California is rated Class A. Office space rated Class B amount to 39,432,548 square feet.
California Office Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Office |
| 50k to 100k Sq. Ft. |
16,243,351 Sq. Ft. |
22.04% |
| 100k to 500k Sq. Ft. |
36,736,778 Sq. Ft. |
49.85% |
| 500k to 1M Sq. Ft. |
8,067,479 Sq. Ft. |
10.95% |
| > 1M Sq. Ft. |
4,538,761 Sq. Ft. |
6.16% |
California Office Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Office |
| Class A+ |
2,045,641 Sq. Ft. |
2.78% |
| Class A |
23,060,112 Sq. Ft. |
31.29% |
| Class B |
39,432,548 Sq. Ft. |
53.51% |
| Class C |
4,085,668 Sq. Ft. |
5.54% |
Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.
Total Industrial Space in California: 105,167,356 Sq. Ft.
California is home to an industrial real estate market that encompasses 105,167,356 square feet of space across 236 industrial properties of various use types, sizes, and quality ratings.
California Industrial Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Industrial |
| 50k to 100k Sq. Ft. |
18,256,767 Sq. Ft. |
17.36% |
| 100k to 500k Sq. Ft. |
48,150,427 Sq. Ft. |
45.78% |
| 500k to 1M Sq. Ft. |
9,061,577 Sq. Ft. |
8.62% |
| > 1M Sq. Ft. |
16,507,981 Sq. Ft. |
15.7% |
California Industrial Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Industrial |
| Class A |
28,366,218 Sq. Ft. |
26.97% |
| Class B |
54,250,964 Sq. Ft. |
51.59% |
| Class C |
3,965,380 Sq. Ft. |
3.77% |
Data was provided by CommercialEdge, refers to industrial use properties larger than 50,000 square feet.
Total Retail Space in California: 32,790,908 Sq. Ft.
The California commercial real estate market includes 347 properties that are dedicated to retail use. The various types of retail space here account for 32,790,908 square feet of commercial property in California.
California Retail Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Retail |
| 50k to 100k Sq. Ft. |
8,091,995 Sq. Ft. |
24.68% |
| 100k to 500k Sq. Ft. |
22,864,297 Sq. Ft. |
69.73% |
| 500k to 1M Sq. Ft. |
1,779,723 Sq. Ft. |
5.43% |
Data was provided by CommercialEdge and refers to retail properties larger than 50,000 square feet.
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