Downey Office Market Trends

Office Rental Market

  • $29.74 2019 Avg. Asking Rent
  • 2.92 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Downey was $29.74 per square foot, and the office vacancy rate across the market averaged 2.92 %. During 2019, developers added 0 square feet of new office space to the Downey market inventory. Office developments estimated for delivery during 2020 total 0 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Downey Class B Office Buildings$30.22
  • Downey Class C Office Buildings$22.01
  • CA Class A Office Buildings$51.59
  • CA Class B Office Buildings$34.34
  • CA Class C Office Buildings$22.62

Downey, CA Office Asking Rents by Class

OFFICE CONSTRUCTION IN Downey, CA

  • Downey, CA Total Sqft completed in 2019 0
  • Downey, CA Total Sqft under construction in 2020 0
10 Largest Office Buildings in Downey
Building name Address Total Sqft Year built
Kaiser Permanente Orchard Medical Offices 9449 Imperial Hwy, 90242 285,446 1981
Kaiser Permanente 12254 Bellflower Blvd 12254 Bellflower Blvd, 90242 158,058 1963
Kaiser Permanente Garden Medical Offices 9353 Imperial Hwy, 90242 116,313 2004
Bank of America Building 8141 2nd Street, 90241 105,000 1968
Downey Regional Medical Center 11420 Brookshire Avenue, 90241 86,762 1964
Downey Regional Medical Plaza 11480 Brookshire Avenue, 90241 75,595 2002
Brookshire Medical Building 11411 Brookshire Avenue, 90241 56,121 1970
Downey Center 9901 Paramount Blvd, 90240 52,700 1965
8255 Firestone Blvd 8255 Firestone Blvd, 90241 51,000 1986
11525 Brookshire Avenue 11525 Brookshire Avenue, 90241 42,768 1983
Largest Office Properties Recently Completed in Downey
Office building Address Sqft Completed
8077 Florence Avenue 8077 Florence Avenue, 90240 30,943 2009
Kaiser Permanente Garden Medical Offices 9353 Imperial Hwy, 90242 116,313 2004
Downey Regional Medical Plaza 11480 Brookshire Avenue, 90241 75,595 2002
8255 Firestone Blvd 8255 Firestone Blvd, 90241 51,000 1986
Wells Fargo Bank Building 8345 Firestone Blvd, 90241 31,233 1986
11525 Brookshire Avenue 11525 Brookshire Avenue, 90241 42,768 1983
Kaiser Permanente Orchard Medical Offices 9449 Imperial Hwy, 90242 285,446 1981
8311 Florence Avenue 8311 Florence Avenue, 90240 25,442 1981
7800 East Imperial Hwy 7800 East Imperial Hwy, 90242 38,662 1979
Brookshire Medical Building 11411 Brookshire Avenue, 90241 56,121 1970
Data provided by Commercial Edge

Office Spaces for Rent in California

See trends for nearby markets

The Downey office market contains an inventory of 1,274,944 square feet of office space, in 21 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 Downey 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.