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Glendale Office Rent Price & Sales Report

Highlights

  • The average rent for office space in Glendale is $37.93 per square foot, 5.11% lower compared to the previous year.
  • The average sale price for office space in Glendale is $154.24 per square foot, marking an increase of 0.34% compared to 2024.
  • The market’s vacancy rate stands at 15.56%, lower than the state average of California, which is 18.44%.

2025 Office Space Rent & Sales

  • $37.93 2025 Avg. Asking Rent
  • -5.11% Y-o-Y Avg. Asking Rent Change
  • 15.56% 2025 Office Vacancy Rate
  • $134.8M2025 Total Office Sales
  • $154.24Avg. Sale Price/SF

What is the average asking rent price for office space in Glendale?

Average asking rents for office space here stand at $37.93 per square foot. The local office market recorded an average vacancy rate of 15.56% in 2025, unchanged from 15.56% in 2024.

Office transactions in the local market in 2025 totaled a sales volume of $134.8M across 3 sales. These transactions commanded an average sale price per square foot of $154.24.

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Glendale, CA Office Asking Rents by Class

What is the average office rent per square foot by property class in Glendale?

  • Avg. Asking Rent Class A & A+$37.04
  • Avg. Asking Rent Class B$40.16

What is the average office rent per square foot by property class in CA?

  • Avg. Asking Rent Class A & A+$58.81
  • Avg. Asking Rent Class B$37.82
  • Avg. Asking Rent Class C$22.26

For comparison, the average rent for Class A and A+ office space in California was $58.81 per square foot. The state-wide average for Class B space was $37.82 per square foot, and Class C office spaces averaged $22.26 per square foot.

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2025 Office Sales Volume

  • $154.242025 Avg. Price per SF
  • 0.34%Y-o-Y Avg. PpSF Change
  • $134.8M2025 Office Sales Volume
  • 32025 Number of Transactions

What is the average sale price per square foot for office space in Glendale?

Average sale prices for office space in this market recorded a +0.34% change in 2025 compared to the previous year.
Office transactions recorded in the market in 2025 averaged $154.24 per square foot. For comparison, the statewide California average during the same time period stood at $295.06 per square foot, while the national average was $182.48 per square foot.

Glendale, CA Sale Price per SF Trend

  • Glendale Avg. Sale Price per SF in 2025$154.24
  • California Avg. Sale Price per SF in 2025$295.06

What was the total office sales volume in Glendale in 2025?

The local office market recorded 3 deals in 2025, adding up to a yearly sales volume of $134.8M.

  • Glendale, CA Total Office Sales Volume in 2025 $134.8M
  • Glendale, CA Total Number of Office Sales Closed in 2025 3
Data provided by Yardi Research

Office Construction in Glendale, CA

What are the largest recent office completions in Glendale?

The largest recent office completion here is 655 North Central Avenue at 591,958 square feet, completed in 1998. The next largest completions are 450 North Brand Blvd and 450 North Brand Blvd.

Office building Address SF Completed
Verdugo Hills Medical Center 3600 North Verdugo Road, Suite 210, 91208 29,794 2010
207 N Goode Ave 207 Goode Avenue, 91203 189,109 2009
Dignity Glendale 222 West Eulalia Street, 91204 59,927 2002
Glendale Memorial Medical Pavilion 222 W Eulalia Street, 91204 57,600 2002
Dignity Glendale Memorial Medical Pavilion 222 West Eulalia Street, 91204 57,600 2002
450 North Brand Blvd 450 North Brand Blvd, 91203 247,000 1999
450 North Brand Blvd 450 North Brand Blvd, 91203 247,000 1999
655 North Central Avenue 655 North Central Avenue, 91203 591,958 1998
The Osborn Building 320 E Harvard Street, 91205 9,862 1997
Glendale Adventist Medical Center - Physicians Medical Terrace 1505 Wilson Terrace, 91206 138,495 1992
Data provided by Yardi Research

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Disclaimer

All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.

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 Yardi Research Data can guarantee that the information provided is complete.

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