2020 Office Space Rent & Sales
- $33.11 2020 Avg. Asking Rent
- -0.12% Y-o-Y Avg. Asking Rent Change
- 15.09% 2020 Office Vacancy Rate
Santa Clarita office price per square foot in 2020 was $33.11 on average. This marked a -0.12% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 15.09% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Santa Clarita Class A Office Space$34.92
- Santa Clarita Class B Office Space$26.22
- California Class A Office Space$55.92
- California Class B Office Space$35.12
- California Class C Office Space$23.50
Santa Clarita, CA Office Asking Rents by Class
2020 Office Construction in Santa Clarita, CA
- Santa Clarita, CA Total SF completed in 2020 81,649
During 2020, 81,649 square feet of new office space were delivered across the market. At the close of 2020, the Santa Clarita office inventory included 2 buildings equal to or larger than 25,000 square feet, which comprised 81,649 square feet of office space.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 27918 Franklin Pkwy | 27918 Franklin Pkwy, 91355 | 180,000 | 2021 |
| Tourney Place - 27335 Tourney Road | 27335 Tourney Road, 91355 | 45,675 | 2020 |
| Orchard Medical Center | 25425 Orchard Village Road, 91355 | 41,244 | 2020 |
| 27949 West Hancock Pkwy | 27949 West Hancock Pkwy, 91355 | 104,954 | 2019 |
| Kaiser Permanente Santa Clarita Medical Offices 2 - Building 2 | 26877 Tourney Road, 91355 | 64,000 | 2018 |
| Henry Mayo Education Center | 23803 McBean Pkwy, 91355 | 79,622 | 2013 |
| 21380 Centre Pointe Pkwy | 21380 Centre Pointe Pkwy, 91350 | 31,376 | 2013 |
| Summit Oaks | 28515 Westinghouse Place, 91355 | 146,385 | 2008 |
| 27235 Tourney Road | 27235 Tourney Road, 91355 | 36,280 | 2008 |
| Rye Canyon Pointe | 28212 Kelly Johnson Pkwy, 91355 | 78,953 | 2007 |
Worth noting among recent office completions on the Santa Clarita market is 27918 Franklin Pkwy, which is currently the largest new office development in the city, at 180,000 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 Santa Clarita 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.