2024 Office Space Rent & Sales
- $30.49 2024 Avg. Asking Rent
- 12.53% 2024 Office Vacancy Rate
Costa Mesa office price per square foot in 2024 was $30.49 on average. The local office market recorded an average vacancy rate of 12.53% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- California Class A & A+ Office Space$60.31
- California Class B Office Space$38.42
- California Class C Office Space$26.20
Costa Mesa, CA Office Asking Rents by Class
2024 Office Vacancy Rates in Costa Mesa
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Costa Mesa | $44.95 | 15.18% |
| Newport Center | $37.93 | 6.19% |
| South Coast Metro | $32.91 | 19.65% |
| John Wayne Airport | $29.17 | 18.46% |
Office Spaces for Rent in California
Coworking Spaces in California
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2024 Office Construction in Costa Mesa, CA
| Office building | Address | SF | Completed |
|---|---|---|---|
| Pacific Medical Plaza | 1640 Newport Boulevard, 92627 | 76,880 | 2007 |
| 3185, 3187 & 3189 Pullman Street | 3185, 3187 & 3189 Pullman Street, 92626 | 26,495 | 2005 |
| 3185, 3187 & 3189 Pullman Street | 3185, 3187 & 3189 Pullman Street, 92626 | 26,495 | 2005 |
| Plaza Tower | 600 Anton Blvd., 92626 | 456,384 | 1991 |
| Metro Pointe Business Center - 959 South Coast Drive | 959 South Coast Drive, 92626 | 82,875 | 1990 |
| The MET | 555 Anton Blvd., 92626 | 238,504 | 1989 |
| 3555 Harbor Gateway South | 3555 Harbor Gateway South, 92626 | 14,635 | 1987 |
| Metro Pointe Business Center - 949 South Coast | 949 South Coast Drive, 92626 | 121,043 | 1986 |
| Metro Pointe Business Center - 940 & 950 South Coast Drive | 940 South Coast Drive, 92626 | 72,566 | 1986 |
| 2729 Bristol St | 2729 Bristol St, 92626 | 18,000 | 1986 |
Worth noting among recent office completions on the Costa Mesa market is Pacific Medical Plaza, which is currently the largest new office development in the city, at 76,880 square feet.
See reports for other markets
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- Beverly Hills Office Rent Price
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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Costa Mesa 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.