Corona Office Market Trends

Office Rental Market

  • $24.30 2019 Avg. Asking Rent
  • 12.97 % 2019 Avg. Vacancy Rate
  • 96,352 2019 Office Completions (Sqft)
  • 146,785 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Corona was $24.30 per square foot, and the office vacancy rate across the market averaged 12.97 %. During 2019, developers added 96,352 square feet of new office space to the Corona market inventory. Office developments estimated for delivery during 2020 total 146,785 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Corona Class A Office Buildings$30.56
  • Corona Class B Office Buildings$22.52
  • CA Class A Office Buildings$51.59
  • CA Class B Office Buildings$34.34
  • CA Class C Office Buildings$22.62

Corona, CA Office Asking Rents by Class

OFFICE CONSTRUCTION IN Corona, CA

  • Corona, CA Total Sqft completed in 2019 96,352
  • Corona, CA Total Sqft under construction in 2020 146,785
10 Largest Office Buildings in Corona
Building name Address Total Sqft Year built
268 North Lincoln Avenue 268 North Lincoln Avenue, 92882 451,998 1987
Lakeshore Plaza - Building B 4160 Temescal Canyon Road, 92883 155,664 2008
Lakeshore Plaza - Building A 4140 Temescal Canyon Road, 92883 146,785 2020
Corona Pointe - 1250 Corona Pointe Court 1250 Corona Pointe Court, 92879 140,370 2005
KPC Summit - 2390 Anselmo Drive 2390 Anselmo Drive, 92879 136,360 2009
311 Bonnie Circle 311 Bonnie Circle, 92880 133,492 1992
Kaiser Permanente Corona Medical Offices 2055 Kellogg Avenue, 92879 122,358 2007
Corona Pointe - 1280-1335 Corona Pointe Court & 980-1095 Montecito Drive 1280 Corona Pointe Court, 92879 122,214 2005
Corona Corporate Centre 2045 Compton Avenue, 92881 121,805 2008
Corporate Terrace Plaza 290 Corporate Terrace Circle, 92882 116,617 2007
Largest Office Properties Recently Completed in Corona
Office building Address Sqft Completed
Lakeshore Plaza - Building A 4140 Temescal Canyon Road, 92883 146,785 2020
Riverside Medical - Valley Center 21634 Retreat Pkwy, 92883 96,352 2019
Corona Medical Office Park 2813 South Main Street, 92882 60,000 2018
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
Lakeshore Plaza - Building B 4160 Temescal Canyon Road, 92883 155,664 2008
Corona Corporate Centre 2045 Compton Avenue, 92881 121,805 2008
Corona Gateway 4740 Green River Road, 92880 68,028 2008
Kaiser Permanente Corona Medical Offices 2055 Kellogg Avenue, 92879 122,358 2007
Data provided by Commercial Edge

Office Spaces for Rent in California

See trends for nearby markets

The Corona office market contains an inventory of 2,907,178 square feet of office space, in 76 buildings that are equal to or larger than 25,000 square feet.

This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive 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.