2020 Office Space Rent & Sales
- $27.32 2020 Avg. Asking Rent
- 8.23% 2020 Office Vacancy Rate
Corona office price per square foot in 2020 was $27.32 on average. The local office market recorded an average vacancy rate of 8.23% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Corona Class A Office Space$26.85
- Corona Class B Office Space$27.82
- California Class A Office Space$55.92
- California Class B Office Space$35.12
- California Class C Office Space$23.50
Corona, CA Office Asking Rents by Class
2020 Office Construction in Corona, CA
- Corona, CA Total SF completed in 2020 146,785
During 2020, 146,785 square feet of new office space were delivered across the market. At the close of 2020, the Corona office inventory included 1 buildings equal to or larger than 25,000 square feet, which comprised 146,785 square feet of office space.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Riverside Medical - Valley Center | 21634 Retreat Pkwy, 92883 | 96,352 | 2019 |
| KPC Summit - 2390 Anselmo Drive | 2390 Anselmo Drive, 92879 | 136,360 | 2009 |
| KPC Summit - 2455 Anselmo Drive | 2455 Anselmo Drive, 92879 | 73,200 | 2009 |
| KPC Summit - 2375 Anselmo Drive | 2375 Anselmo Drive, 92879 | 73,200 | 2009 |
| Corona Medical Plaza Phase II | 2250 South Main Street, 92882 | 42,683 | 2008 |
| Kaiser Permanente Corona Medical Offices | 2055 Kellogg Avenue, 92879 | 122,358 | 2007 |
| Corporate Terrace Plaza | 290 Corporate Terrace Circle, 92882 | 116,617 | 2007 |
| 400 East Rincon Street | 400 East Rincon Street, 92879 | 52,209 | 2007 |
| 2115 Compton Avenue | 2115 Compton Avenue, 92881 | 46,469 | 2007 |
| Corona South Main Medical Plaza | 260 East Ontario Avenue, 92879 | 35,000 | 2007 |
Worth noting among recent office completions on the Corona market is Riverside Medical - Valley Center, which is currently the largest new office development in the city, at 96,352 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 Corona 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.