2022 Office Space Rent & Sales
- $68.20 2022 Avg. Asking Rent
- 15.97% 2022 Office Vacancy Rate
Beverly Hills office price per square foot in 2022 was $68.20 on average. The local office market recorded an average vacancy rate of 15.97% across all asset classes combined.
Average Rent by Office Class
2022 Average Office Rent per Square Foot
- Beverly Hills Class A & A+ Office Space$70.39
- Beverly Hills Class B Office Space$63.36
- California Class A & A+ Office Space$59.32
- California Class B Office Space$37.75
- California Class C Office Space$25.55
Beverly Hills, CA Office Asking Rents by Class
Coworking Spaces in California
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2022 Office Construction in Beverly Hills, CA
- Beverly Hills, CA Total SF under construction in 2023 50,148
Office building | Address | SF | Completed |
---|---|---|---|
421 North Beverly Drive | 421 North Beverly Drive, 90210 | 31,666 | 2001 |
331 North Maple Drive | 331 North Maple Drive, 90210 | 89,642 | 2000 |
Executive Office Suites | 468 N Camden Dr, 90210 | 120 | 1994 |
Wilshire Robertson Plaza | 8750 Wilshire Blvd, 90211 | 119,421 | 1991 |
Village on Canon | 301 North Canon Drive, 90210 | 101,015 | 1989 |
436 Bedford | 436 N. Bedford Drive, 90210 | 76,273 | 1989 |
Beverly Atrium | 350 South Beverly Drive, 90212 | 64,526 | 1989 |
9430 W Olympic Blvd | 9430 W Olympic Blvd, 90212 | 14,475 | 1989 |
Maple Plaza | 345 North Maple Drive, 90210 | 289,700 | 1987 |
8641 Wilshire Blvd | 8641 Wilshire Blvd, 90211 | 56,816 | 1986 |
Worth noting among recent office completions on the Beverly Hills market is 421 North Beverly Drive, which is currently the largest new office development in the city, at 31,666 square feet.
See reports for other markets
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2022 through December 31st 2022. Construction pipeline data represented herein is valid as of April 2023. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Beverly Hills commercial properties sized 25,000 square feet or larger.
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 CommercialEdge can guarantee that the information provided is complete.