2020 Office Space Rent & Sales
- $23.54 2020 Avg. Asking Rent
- 3.07% Y-o-Y Avg. Asking Rent Change
- 14.38% 2020 Office Vacancy Rate
Livermore office price per square foot in 2020 was $23.54 on average. This marked a +3.07% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 14.38% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Livermore Class B Office Space$23.54
- California Class A Office Space$55.92
- California Class B Office Space$35.12
- California Class C Office Space$23.50
Livermore, CA Office Asking Rents by Class
2020 Office Construction in Livermore, CA
- Livermore, CA Total Sqft completed in 2020
- Livermore, CA Total Sqft under construction in 2021 61,247
During 2020, square feet of new office space were delivered across the market. At the close of 2020, the Livermore office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space. Looking forward, development activity throughout 2021 is estimated to add 61,247 square feet of office space to the market, before year-end.
|3101-3191 Independence Drive||3101 Independence Drive, 94551||77,972||2008|
|7901 National Drive||7901 National Drive, 94550||30,000||2008|
|Livermore Valley Plaza - 2300 1st Street||2300 1st Street, 94550||52,103||2007|
|Airport Executive Center||1 East Airway Blvd, 94551||142,393||2006|
|3201 Doolan Road||3201 Doolan Road, 94551||28,201||2006|
|100 North Canyons Pkwy||100 North Canyons Pkwy, 94551||28,821||2005|
|250 North Canyons Pkwy||250 North Canyons Pkwy, 94551||51,000||2004|
|Kaiser Permanente Livermore Medical Offices||3000 Las Positas Road, 94551||70,472||2003|
|ValleyCare Medical Plaza at Livermore||1133 East Stanley Blvd, 94550||65,000||2003|
|Plaza at North Canyons - 333 North Canyons Pkwy||333 North Canyons Pkwy, 94551||48,924||2002|
Worth noting among recent office completions on the Livermore market is 3101-3191 Independence Drive, which is currently the largest new office development in the city, at 77,972 square feet.
See reports for nearby markets
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 Livermore 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.