2025 Office Space Rent & Sales
- $28.96 2025 Avg. Asking Rent
- 24.31% 2025 Office Vacancy Rate
What is the average asking rent price for office space in Santa Cruz?
Average asking rents for office space here stand at $28.96 per square foot. The local office market recorded an average vacancy rate of 24.31% in 2025, unchanged from 24.31% in 2024.
Santa Cruz, CA Office Asking Rents by Class
What is the average office rent per square foot by property class in CA?
- Avg. Asking Rent Class A & A+$58.81
- Avg. Asking Rent Class B$37.82
- Avg. Asking Rent Class C$22.26
For comparison, the average rent for Class A and A+ office space in California was $58.81 per square foot. The state-wide average for Class B space was $37.82 per square foot, and Class C office spaces averaged $22.26 per square foot.
Office Construction in Santa Cruz, CA
What are the largest recent office completions in Santa Cruz?
The largest recent office completion here is The Cooper House at 96,579 square feet, completed in 1999. The next largest completions are Redtree Plaza and 2155 Delaware Avenue.
| Office building | Address | SF | Completed |
|---|---|---|---|
| 2155 Delaware Avenue | 2155 Delaware Avenue, 95060 | 44,168 | 2001 |
| The Cooper House | 110 Cooper St/1384-86 Pacific, 95060 | 96,579 | 1999 |
| Redtree Plaza | 1200 Pacific Ave, 95060 | 80,000 | 1998 |
| 103-1411 Pacific Avenue & 106-120 Church Street & 111-115 Locust Street | 1405 Pacific Avenue, 95060 | 37,662 | 1995 |
| Logo's Building | 1119 Pacific Ave, 95060 | 14,000 | 1993 |
| 600 Ocean St | 600 Ocean St, 95060 | 6,147 | 1991 |
| 207 McPherson St | 207 McPherson St, 95060 | 14,032 | 1986 |
| 2161 Delaware Avenue | 2161 Delaware Avenue, 95060 | 31,600 | 1977 |
| 550 Water Street | 550 Water Street, 95060 | 40,254 | 1964 |
| 55 River St | 55 River St, 95060 | 18,780 | 1960 |
See reports for other markets
- Los Angeles Office Rent Price
- San Francisco Office Rent Price
- San Diego Office Rent Price
- Sacramento Office Rent Price
- San Jose Office Rent Price
- Irvine Office Rent Price
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- Palo Alto Office Rent Price
- Santa Monica Office Rent Price
- Pasadena Office Rent Price
- Redwood City Office Rent Price
- Walnut Creek Office Rent Price
- Santa Clara Office Rent Price
- Long Beach Office Rent Price
- Beverly Hills Office Rent Price
Disclaimer
All information on this page is based on city-level data that includes properties equal to or larger than 25,000 square feet.
Averages were calculated based on values dated between January 1st and December 31st 2025. Construction pipeline data represented herein is valid as of January 2026.
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 Yardi Research Data can guarantee that the information provided is complete.