2020 Office Space Rent & Sales
- $29.03 2020 Avg. Asking Rent
- 11.42% 2020 Office Vacancy Rate
Commerce office price per square foot in 2020 was $29.03 on average. The local office market recorded an average vacancy rate of 11.42% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Commerce Class B Office Space$29.39
- Commerce Class C Office Space$19.80
- California Class A Office Space$55.92
- California Class B Office Space$35.12
- California Class C Office Space$23.50
Commerce, CA Office Asking Rents by Class
2020 Office Construction in Commerce, CA
- Commerce, CA Total SF completed in 2020
During 2020, square feet of new office space were delivered across the market. At the close of 2020, the Commerce office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.
|2035-2045 Camfield Avenue||2035 Camfield Avenue, 90040||78,316||2017|
|2040 Camfield Avenue||2040 Camfield Avenue, 90040||93,873||2011|
|6119 East Washington Blvd||6119 East Washington Blvd, 90040||56,214||2005|
|Citadel Outlets - 500 Citadel Drive||500 Citadel Drive, 90040||86,839||1990|
|Citadel Outlets - 600 Citadel Drive||600 Citadel Drive, 90040||86,839||1990|
|Commerce Office Park - 5100 South Eastern Avenue||5100 South Eastern Avenue, 90040||47,021||1988|
|Commerce Office Park - ABM Plaza||5300 South Eastern Avenue, 90040||33,400||1988|
|Prologis Commerce Business Park - Buildings 86, 87 & 88||5733 Rickenbacker Road, 90040||56,559||1986|
|Commerce Office Park - 4900, 5500, 5700, 5770 & 5801 South Eastern Avenue||4900 South Eastern Avenue, 90040||285,368||1982|
|Commerce Plaza||5701 South Eastern Avenue, 90040||195,146||1982|
Worth noting among recent office completions on the Commerce market is 2035-2045 Camfield Avenue, which is currently the largest new office development in the city, at 78,316 square feet.
See reports for nearby markets
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 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Commerce 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.