Culver City Office Market Trends

Office Rental Market

  • $55.97 2019 Avg. Asking Rent
  • 9.49 % 2019 Avg. Vacancy Rate
  • 137,558 2019 Office Completions (Sqft)
  • 1,175,764 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Culver City was $55.97 per square foot, and the office vacancy rate across the market averaged 9.49 %. During 2019, developers added 137,558 square feet of new office space to the Culver City market inventory. Office developments estimated for delivery during 2020 total 1,175,764 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Culver City Class A Office Buildings$62.16
  • Culver City Class B Office Buildings$44.30
  • CA Class A Office Buildings$51.59
  • CA Class B Office Buildings$34.34
  • CA Class C Office Buildings$22.62

Culver City, CA Office Asking Rents by Class

OFFICE CONSTRUCTION IN Culver City, CA

  • Culver City, CA Total Sqft completed in 2019 137,558
  • Culver City, CA Total Sqft under construction in 2020 1,175,764
10 Largest Office Buildings in Culver City
Building name Address Total Sqft Year built
The Culver Studios 9336 West Washington Blvd, 90232 413,000 2021
One Culver 10000 West Washington Blvd, 90232 363,000 1986
The Entrada 6163 West Centinela Avenue, 90230 325,000 2021
600 Corporate Pointe 600 Corporate Pointe, 90230 285,718 1989
C3 at Culver Pointe 5800 Bristol Pkwy, 90230 281,400 2017
Ivy Station - Offices 8936 Venice Blvd, 90232 266,059 2021
800 Corporate Pointe 800 Corporate Pointe, 90230 241,556 2007
9050 West Washington Blvd 9050 West Washington Blvd, 90232 172,039 1996
400 Corporate Pointe 400 Corporate Pointe, 90230 165,898 1986
Blackwelder 3237 South La Cienega Blvd, 90232 160,000 2007
Largest Office Properties Recently Completed in Culver City
Office building Address Sqft Completed
The Culver Studios 9336 West Washington Blvd, 90232 413,000 2021
The Entrada 6163 West Centinela Avenue, 90230 325,000 2021
Ivy Station - Offices 8936 Venice Blvd, 90232 266,059 2021
Synapse 8888 Washington Blvd, 90232 62,531 2021
The Culver Steps 9300 Culver Blvd, 90232 115,000 2019
9919 Jefferson 9919 Jefferson Blvd, 90232 62,558 2019
Playa Court - Building A 11248 Playa Court, 90230 49,701 2018
C3 at Culver Pointe 5800 Bristol Pkwy, 90230 281,400 2017
Hayden Tract - 8550 Higuera Street 8550 Higuera Street, 90232 77,000 2014
Hayden Tract - 8600 Hayden Place 8600 Hayden Place, 90232 32,000 2014
Data provided by Commercial Edge

Office Spaces for Rent in California

See trends for nearby markets

The Culver City office market contains an inventory of 4,762,591 square feet of office space, in 95 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 Culver City 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.