Beverly Hills Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Beverly Hills is $71.63 per square foot, 9.19% higher compared to the previous year.
  • The market’s vacancy rate stands at 13.89%, lower than the state average of California, which is 18.44%.

2025 Office Space Rent & Sales

  • $71.63 2025 Avg. Asking Rent
  • 9.19% Y-o-Y Avg. Asking Rent Change
  • 13.89% 2025 Office Vacancy Rate
  • $339.7M2025 Total Office Sales
  • $624.86Avg. Sale Price/SF

What is the average asking rent price for office space in Beverly Hills?

Average asking rents for office space here stand at $71.63 per square foot. The local office market recorded an average vacancy rate of 13.89% in 2025, unchanged from 13.89% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $339.7M across 4 sales. These transactions commanded an average sale price per square foot of $624.86.

Beverly Hills, CA Office Asking Rents by Class

What is the average office rent per square foot by property class in Beverly Hills?

  • Avg. Asking Rent Class A & A+$72.64
  • Avg. Asking Rent Class B$67.10

What is the average office rent per square foot by property class in CA?

  • Avg. Asking Rent Class A & A+$58.81
  • Avg. Asking Rent Class B$37.82
  • Avg. Asking Rent Class C$22.26

For comparison, the average rent for Class A and A+ office space in California was $58.81 per square foot. The state-wide average for Class B space was $37.82 per square foot, and Class C office spaces averaged $22.26 per square foot.

Explore Top Office Markets in California

2025 Office Sales Volume

  • $624.862025 Avg. Price per SF
  • -17.38%Y-o-Y Avg. PpSF Change
  • $339.7M2025 Office Sales Volume
  • 42025 Number of Transactions

What is the average sale price per square foot for office space in Beverly Hills?

Average sale prices for office space in this market recorded a -17.38% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $624.86 per square foot. For comparison, the statewide California average during the same time period stood at $295.06 per square foot, while the national average was $182.48 per square foot.

Beverly Hills, CA Sale Price per SF Trend

  • Beverly Hills Avg. Sale Price per SF in 2025$624.86
  • California Avg. Sale Price per SF in 2025$295.06

What was the total office sales volume in Beverly Hills in 2025?

The local office market recorded 4 deals in 2025, adding up to a yearly sales volume of $339.7M.

  • Beverly Hills, CA Total Office Sales Volume in 2025 $339.7M
  • Beverly Hills, CA Total Number of Office Sales Closed in 2025 4
Data provided by Yardi Research

Office Construction in Beverly Hills, CA

What are the largest recent office completions in Beverly Hills?

The largest recent office completion here is Beverly Place at 132,221 square feet, completed in 1989. The next largest completions are Wilshire Robertson Plaza and Village on Canon.

Office building Address SF Completed
9212 West Olympic Blvd 9212 West Olympic Blvd, 90212 23,843 2024
9000 Wilshire Blvd 9000 Wilshire Blvd, 90210 50,148 2023
257 North Canon Drive 257 North Canon Drive, 90210 49,097 2017
Foothill Building 331 Foothill Rd., 90210 70,000 2010
Executive Office Suites 468 N Camden Dr, 90210 120 1994
Wilshire Robertson Plaza 8750 Wilshire Blvd, 90211 119,421 1991
Beverly Place 9242 Beverly Blvd, 90210 132,221 1989
Village on Canon 301 North Canon Drive, 90210 101,015 1989
Beverly Hills Medical Plaza 150 North Robertson Blvd, 90211 64,954 1989
Beverly Atrium 350 South Beverly Drive, 90212 64,526 1989
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor Yardi Research Data can guarantee that the information provided is complete.