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Gardena Office Rent Price & Sales Report

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

See reports for nearby 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 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.

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.

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