2022 Office Space Rent & Sales
- $27.79 2022 Avg. Asking Rent
- -4.10% Y-o-Y Avg. Asking Rent Change
- 21.96% 2022 Office Vacancy Rate
- $44.8M2022 Total Office Sales
- $170.25Avg. Sale Price/SF
Santa Ana office price per square foot in 2022 was $27.79 on average. This marked a -4.10% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 21.96% across all asset classes combined. The 5 transactions that closed here throughout 2022 amounted to a total sale volume of $44.8M. Santa Ana office space commanded an average sale price per square foot of $170.25.
Average Rent by Office Class
2022 Average Office Rent per Square Foot
- Santa Ana Class B Office Space$29.03
- Santa Ana Class C Office Space$21.92
- California Class A & A+ Office Space$59.32
- California Class B Office Space$37.75
- California Class C Office Space$25.55
Santa Ana, CA Office Asking Rents by Class
2022 Office Vacancy Rates in Santa Ana
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Saint Joseph Center | $34.27 | 14.89% |
Irvine Business Complex | $31.23 | 14.82% |
South Coast Metro | $31.06 | 19.58% |
Tustin | $29.59 | 17.70% |
Santa Ana | $21.31 | 12.80% |
Santa Ana Office Sale Price per SF
- $170.252022 Avg. Price per SF
- -28.98%Y-o-Y Avg. PpSF Change
- $44.8M2022 Office Sales Volume
- 52022 Number of Transactions
Santa Ana, CA Sale Price per SF Trend
- Santa Ana Avg. Sale Price per SF in 2022$170.25
- California Avg. Sale Price per SF in 2022$396.51
2022 Office Sales Volume
- Santa Ana, CA Total Office Sales Volume in 2022 $44.8M
- Santa Ana, CA Total Number of Office Sales Closed in 2022 5
Largest Santa Ana Office Sales in 2022
Property name | Address | Date | Price |
---|---|---|---|
Tustin Corporate Plaza | 1401 North Tustin Avenue | 6/16/2022 | $14,300,000 |
1600 Broadway | 1600 North Broadway | 4/1/2022 | $11,800,000 |
811 North Broadway | 811 North Broadway | 1/14/2022 | $6,525,000 |
801 North Parkcenter Drive | 801 North Parkcenter Drive | 5/6/2022 | $6,312,000 |
825 North Parkcenter Drive | 825 North Parkcenter Drive | 9/16/2022 | $5,900,000 |
Coworking Spaces in California
- Los Angeles Coworking Space
- San Francisco Coworking Space
- San Diego Coworking Space
- East Bay Coworking Space
- Irvine Coworking Space
- Sacramento Coworking Space
- Oakland Coworking Space
- San Jose Coworking Space
- Newport Beach Coworking Space
- Long Beach Coworking Space
- Beverly Hills Coworking Space
- Carlsbad Coworking Space
- Glendale Coworking Space
- Pasadena Coworking Space
- Santa Monica Coworking Space
- Palo Alto Coworking Space
- Berkeley Coworking Space
- Thousand Oaks Coworking Space
- Torrance Coworking Space
- Fresno Coworking Space
- Santa Ana Coworking Space
- Santa Barbara Coworking Space
- Costa Mesa Coworking Space
- Ontario Coworking Space
- San Mateo Coworking Space
- El Segundo Coworking Space
- Orange Coworking Space
- Temecula Coworking Space
- Walnut Creek Coworking Space
Office building | Address | SF | Completed |
---|---|---|---|
Parkcenter Plaza | 601 North Parkcenter Drive, 92705 | 29,439 | 2012 |
MacArthur Place | 1 MacArthur Pl., 92707 | 208,256 | 2001 |
Twin Towers at MacArthur Place - 1 MacArthur Place | 1 MacArthur Place, 92707 | 204,009 | 2001 |
3601 West Sunflower Avenue | 3601 West Sunflower Avenue, 92704 | 53,484 | 2000 |
3 MacArthur Place | 3 MacArthur Place, 92707 | 246,763 | 1999 |
Red Hill Technology Center | 2850 South Red Hill Avenue, 92705 | 94,705 | 1999 |
Lake Center - 3120 West Lake Center Drive | 3120 West Lake Center Drive, 92704 | 60,634 | 1995 |
Lake Center - 3100 West Lake Center Drive | 3100 West Lake Center Drive, 92704 | 60,462 | 1995 |
Tustin Centre I | 1551 North Tustin Avenue, 92705 | 196,458 | 1991 |
Alton Deere Plaza | 1920 East Deere Avenue, 92705 | 182,030 | 1990 |
Worth noting among recent office completions on the Santa Ana market is Parkcenter Plaza, which is currently the largest new office development in the city, at 29,439 square feet.
See reports for other markets
- Los Angeles Office Rent Price
- San Diego Office Rent Price
- San Francisco Office Rent Price
- San Jose Office Rent Price
- Sacramento Office Rent Price
- Irvine Office Rent Price
- Fresno Office Rent Price
- Sunnyvale Office Rent Price
- Santa Clara Office Rent Price
- Santa Monica Office Rent Price
- Denver Office Rent Price
- San Antonio Office Rent Price
- Charlotte Office Rent Price
- Chicago Office Rent Price
- Phoenix Office Rent Price
- New York City 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 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 Santa Ana 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.