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Goleta Office Rent Price & Sales Report

2024 Office Space Rent & Sales

  • $26.38 2024 Avg. Asking Rent
  • 1.52% Y-o-Y Avg. Asking Rent Change
  • 17.84% 2024 Office Vacancy Rate

Goleta office price per square foot in 2024 was $26.38 on average. This marked a +1.52% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 17.84% across all asset classes combined.

See how this market compares to the national average: U.S. office space rent & sales.

Average Rent by Office Class

2024 Average Office Rent per Square Foot

  • California Class A & A+ Office Space$60.31
  • California Class B Office Space$38.42
  • California Class C Office Space$26.20

Goleta, CA Office Asking Rents by Class

Office Spaces for Rent in California

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Coworking Spaces in California

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Largest Office Properties Recently Completed in Goleta
Office building Address SF Completed
Fairview Business Center - 420 South Fairview Avenue 420 South Fairview Avenue, 93117 70,566 2008
Storke Hollister Research Center 6950 Hollister Avenue, 93117 58,854 2000
Castilian Technical Center - 50 Castilian Drive 50 Castilian Drive, 93117 43,000 1999
Tech Park @ Castilian 150 Castilian Drive, 93117 66,384 1996
6500 Hollister Avenue 6500 Hollister Avenue, 93117 74,000 1994
Campus Pointe - 71 South Los Carneros Road 71 South Los Carneros Road, 93117 105,257 1990
Tech Park @ Cremona - 175 Cremona Drive 175 Cremona Drive, 93117 51,023 1989
Tech Park @ Cremona - 125 Cremona Drive 125 Cremona Drive, 93117 82,405 1987
Goleta Business Park - 425 & 445 Pine Avenue 425 Pine Avenue, 93117 43,748 1987
University Business Center - 120 Cremona Drive 120 Cremona Drive, 93117 59,307 1986

Worth noting among recent office completions on the Goleta market is Fairview Business Center - 420 South Fairview Avenue, which is currently the largest new office development in the city, at 70,566 square feet.

Data provided by Commercial Edge

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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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Goleta 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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