Gardena Office Price per Sqft and Office Market Trends

2020 Office Space Rent & Sales

$29.00 2020 Avg. Asking Rent
3.28% Y-o-Y Avg. Asking Rent Change
11.88% 2020 Office Vacancy Rate

Gardena office price per square foot in 2020 was $29.00 on average. This marked a +3.28% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 11.88% across all asset classes combined.

Average Rent by Office Class

2020 Average Office Rent per Square Foot

Gardena Class A Office Space$33.00
Gardena Class B Office Space$27.54
California Class A Office Space$55.92
California Class B Office Space$35.12
California Class C Office Space$23.50

Gardena, CA Office Asking Rents by Class

2020 Office Construction in Gardena, CA

Gardena, CA Total SF completed in 2020

During 2020, square feet of new office space were delivered across the market. At the close of 2020, the Gardena office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.

Largest Office Properties Recently Completed in Gardena
Office building	Address	SF	Completed
Pacific Commerce Center	19210 South Vermont Avenue, 90248	50,840	2008
Pacific Pointe Center	879 West 190th Street, 90248	257,476	1998
Gardena Professional Medical Plaza	1045 West Redondo Beach Blvd, 90247	114,815	1988
1125 West 190th Street	1125 West 190th Street, 90248	28,231	1988
Seacliff Centre Pointe	108 West Walnut Street, 90248	147,529	1987
Hamilton Corporate Center	19300 South Hamilton Avenue, 90248	62,891	1986
18726 South Western Avenue	18726 South Western Avenue, 90248	47,294	1986
Kaiser Permanente Gardena Medical Offices	15446 South Western Avenue, 90249	47,195	1986
Southbay Centre	1515 West 190th Street, 90501	210,051	1984
16920 South Figueroa Street	16920 South Figueroa Street, 90248	25,120	1984

Worth noting among recent office completions on the Gardena market is Pacific Commerce Center, which is currently the largest new office development in the city, at 50,840 square feet.

Data provided by Commercial Edge

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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 Gardena commercial properties sized 25,000 square feet or larger.