Commerce, CA Office Overview
The City of Commerce is part of the Greater Los Angeles metro area, which is home to over 13 million residents. Commerce itself has an estimated population of 13,000 residents, which is roughly 0.1% the metro total. Though home to relatively few residents, the city has high commercial real estate potential. Due to its freeway access and railroad yards, Commerce attracts a wide variety of manufacturing and distribution businesses.
The local economy and real estate development demand benefit greatly from the various international trade enterprises that operate in the region, and that pass through the city’s rail yards, to and from the ports of Los Angeles and Long Beach. As of mid-2017, the Commerce market encompassed nearly 1.4 million square feet of existing office space in properties larger than 50,000 square feet.
Commerce, CA Office Inventory Description
Conveniently located along Interstate 5 just southeast of Los Angeles, the City of Commerce sees consistent and predictable demand for office space. Of the 1.4 million square feet of larger office buildings in the city, over 72% is Class B office space, with Class C product adding just over 375,000 square feet of additional space to the Commerce office market.
The larger office buildings in Commerce are located along the Santa Ana Freeway and along South Eastern Avenue near the intersection with Slauson Avenue. Notable investment-grade office buildings in town include Commerce Square on East Washington Boulevard, Commerce Plaza, and the Commerce Corporate Building at 5800 South Eastern Avenue.
Commerce, CA Commercial Inventory Breakdown
Office Spaces
Total: 1,794,586 SF
By square footage range:
- 50k to 100k SF: 828,448 SF / 46.16% of total office
- 100k to 500k SF: 966,138 SF / 53.84% of total office
By class:
- Class A: 93,873 SF / 5.23% of total office
- Class B: 1,145,371 SF / 63.82% of total office
- Class C: 485,342 SF / 27.04% of total office
Top 10 Largest Office Buildings
in Commerce
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| Commerce Office Park - 4900, 5500, 5700, 5770 & 5801 South Eastern Avenue | 4900 South Eastern Avenue, 90040 | 285,368 | 1982 |
| 5555 Ferguson | 5555 Ferguson Drive, 90022 | 267,404 | 1953 |
| Commerce Plaza | 5701 South Eastern Avenue, 90040 | 195,146 | 1982 |
| Commerce Square | 6055 East Washington Blvd, 90040 | 109,000 | 1966 |
| 2040 Camfield Avenue | 2040 Camfield Avenue, 90040 | 93,873 | 2011 |
| Citadel Outlets - 600 Citadel Drive | 600 Citadel Drive, 90040 | 86,839 | 1990 |
| Citadel Outlets - 500 Citadel Drive | 500 Citadel Drive, 90040 | 86,839 | 1990 |
| 2035-2045 Camfield Avenue | 2035 Camfield Avenue, 90040 | 78,316 | 2017 |
| Telacu Center | 5400 East Olympic Blvd, 90022 | 62,936 | 1982 |
| 5480 Ferguson Drive | 5480 Ferguson Drive, 90022 | 60,840 | 1982 |
Largest Office Properties Recently Completed
in Commerce
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| 2035-2045 Camfield Avenue | 2035 Camfield Avenue, 90040 | 78,316 | 2017 |
| 2040 Camfield Avenue | 2040 Camfield Avenue, 90040 | 93,873 | 2011 |
| Citadel Outlets - 500 Citadel Drive | 500 Citadel Drive, 90040 | 86,839 | 1990 |
| Citadel Outlets - 600 Citadel Drive | 600 Citadel Drive, 90040 | 86,839 | 1990 |
| Commerce Office Park - 5100 South Eastern Avenue | 5100 South Eastern Avenue, 90040 | 47,021 | 1988 |
| Commerce Office Park - ABM Plaza | 5300 South Eastern Avenue, 90040 | 33,400 | 1988 |
| Commerce Office Park - 4900, 5500, 5700, 5770 & 5801 South Eastern Avenue | 4900 South Eastern Avenue, 90040 | 285,368 | 1982 |
| Commerce Plaza | 5701 South Eastern Avenue, 90040 | 195,146 | 1982 |
| Telacu Center | 5400 East Olympic Blvd, 90022 | 62,936 | 1982 |
| 5480 Ferguson Drive | 5480 Ferguson Drive, 90022 | 60,840 | 1982 |
Commerce, CA Green Office Space
The percentage of LEED-certified office buildings, EPA Energy Star-rated properties, and otherwise certified green developments is growing across all of the major office markets in California and in the U.S. According to the 2017 National Green Building Adoption Index, the percentage across the top 30 office markets in the country had increased by 33% since 2005.
Green office space isn't just found in brand new buildings. Take the PacMutual Building in Los Angeles, for example. This is the only historic building to earn the highly coveted LEED Platinum certification for building sustainability. Located on West 6th Street in the Downtown Los Angeles commercial real estate market, this Class A office building was constructed over 100 years ago, back in 1908, and encompasses over 464,000 square feet of green office space.
Commerce, CA's Top Office-Using Sectors
The Commerce market sees consistent demand from top office-using economic sectors like transportation and distribution, government, service business, and large corporations.
- Transportation & Distribution – Unified Grocers and Gibson Overseas are two of the larger companies in this business sector;
- Government – The County of Los Angeles and the City of Commerce are two of the largest creators of white collar office employment in Commerce;
- Service – The Commerce Casino, Smart & Final, 99 Cents Only Stores, and Wine Warehouse, along with the numerous small businesses that they attract, all help to create demand for commercial real estate and office space in Commerce;
- Corporate Office – Parsec, American International Industries, Valassis Direct Mail, and AT&T California all help to drive the demand for office space in Commerce.
Frequently Asked Questions
How much does office space cost in Commerce, CA?
The average office rental rate in Commerce, CA is $22.13 per square foot. Asking prices vary based on the property’s location, overall rating, amenities, proximity to restaurants, cafes and entertainment venues, as well as public transport, airports and highways. Check Commerce Office Market Trends for more stats.
What is the size of available office spaces in Commerce, CA?
The Commerce, CA office market can accommodate various businesses, sporting a range of office space availabilities. The average size of office space availabilities is 28,507 square feet. If you’re just starting out as a company or as an entrepreneur, the smallest available office space in Commerce, CA is 967 square feet, while the maximum rentable space on the market now is 56,046 square feet.
How do I get office space in Commerce, CA?
Start your search for office space in Commerce, CA by using our filters that allow you to find the best space for your business needs. Filter listings by location, property size, available space or lease rate. Property pages will offer details about an office building’s rating, year built, availabilities, price per square foot and more. After drawing up a shortlist, make sure you contact the listed broker(s) to schedule a viewing and begin the negotiation process for your lease contract.
How many office listings are available in Commerce, CA?
There are 26 office listings on the Commerce, CA market. See all available office spaces for rent.
What other property types are available for lease in Commerce, CA?
In addition to traditional office spaces, commercial real estate listings on our platform also include coworking & shared office space options, retail spaces, industrial buildings, warehouses, distribution facilities, and more.
Commerce Demographics
Population
- Total Population12,830
- Male Population(48.7 %) 6,251
- Female Population(51.3 %) 6,579
- Median Age35.50
Income/Financial
- Average Household Income$64,800
- Median Household Income$47,518
- Median Income Under 25$40,900
- Median Income 25-44$46,987
- Median Income 45-64$61,429
- Median Income Over 65$34,750