2022 Office Space Rent & Sales
- $36.19 2022 Avg. Asking Rent
- 10.11% 2022 Office Vacancy Rate
- $556.7M2022 Total Office Sales
- $401.73Avg. Sale Price/SF
Carlsbad office price per square foot in 2022 was $36.19 on average. The local office market recorded an average vacancy rate of 10.11% across all asset classes combined. The 13 transactions that closed here throughout 2022 amounted to a total sale volume of $556.7M. Carlsbad office space commanded an average sale price per square foot of $401.73.
Average Rent by Office Class
2022 Average Office Rent per Square Foot
- Carlsbad Class A & A+ Office Space$39.90
- Carlsbad Class B Office Space$29.84
- California Class A & A+ Office Space$59.32
- California Class B Office Space$37.75
- California Class C Office Space$25.55
Carlsbad, CA Office Asking Rents by Class
Carlsbad Office Sale Price per SF
- $401.732022 Avg. Price per SF
- -2.79%Y-o-Y Avg. PpSF Change
- $556.7M2022 Office Sales Volume
- 132022 Number of Transactions
Carlsbad, CA Sale Price per SF Trend
- Carlsbad Avg. Sale Price per SF in 2022$401.73
- California Avg. Sale Price per SF in 2022$396.51
2022 Office Sales Volume
- Carlsbad, CA Total Office Sales Volume in 2022 $556.7M
- Carlsbad, CA Total Number of Office Sales Closed in 2022 13
Largest Carlsbad Office Sales in 2022
Property name | Address | Date | Price |
---|---|---|---|
Atlas at Carlsbad | 5909 Sea Otter Place | 6/1/2022 | $88,750,000 |
2051 Palomar Airport Road | 2051 Palomar Airport Road | 4/1/2022 | $68,000,000 |
Fairway Corporate Center | 5541 Fermi Court | 4/26/2022 | $42,000,000 |
Carlsbad Executive Center | 2111 Palomar Airport Road | 11/10/2022 | $29,775,000 |
La Place Court | 5900 La Place Court | 6/23/2022 | $24,795,000 |
Coworking Spaces in California
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2022 Office Construction in Carlsbad, CA
Office building | Address | SF | Completed |
---|---|---|---|
Atlas at Carlsbad - Beta | 5919 Sea Otter Pl., 92010 | 138,019 | 2016 |
Atlas at Carlsbad - Alpha | 5909 Sea Otter Pl., 92010 | 93,773 | 2016 |
Ventana | 2175 Salk Ave., 92008 | 79,566 | 2010 |
Palomar Forum Business Park | 3132 Tiger Run Court, 92010 | 275,000 | 2008 |
Ocean Collection | 2510 Gateway Road, 92009 | 50,498 | 2008 |
Palomar Terrace | 3115 Melrose Dr., 92010 | 103,547 | 2007 |
1265 Laurel Tree Lane | 1265 Laurel Tree Lane, 92011 | 89,000 | 2007 |
Ventana | 2173 Salk Ave., 92008 | 78,907 | 2007 |
Ventana | 2177 Salk Ave., 92008 | 60,588 | 2007 |
The Collection at Lionshead | 3176 Lionshead Ave, 92010 | 12,176 | 2007 |
Worth noting among recent office completions on the Carlsbad market is Atlas at Carlsbad - Beta, which is currently the largest new office development in the city, at 138,019 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 Carlsbad 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.