2022 Office Space Rent & Sales
- $48.42 2022 Avg. Asking Rent
- 12.19% 2022 Office Vacancy Rate
Marina Del Rey office price per square foot in 2022 was $48.42 on average. The local office market recorded an average vacancy rate of 12.19% across all asset classes combined.
Average Rent by Office Class
2022 Average Office Rent per Square Foot
- Marina Del Rey Class B Office Space$48.42
- California Class A & A+ Office Space$59.32
- California Class B Office Space$37.75
- California Class C Office Space$25.55
Marina Del Rey, CA Office Asking Rents by Class
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2022 Office Construction in Marina Del Rey, CA
Office building | Address | SF | Completed |
---|---|---|---|
Marina Towers North | 4640 Admiralty Way, 90292 | 185,742 | 1972 |
Worth noting among recent office completions on the Marina Del Rey market is Marina Towers North, which is currently the largest new office development in the city, at 185,742 square feet.
See reports for other markets
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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 2022 through December 31st 2022. Construction pipeline data represented herein is valid as of April 2023. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Marina Del Rey 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.