Glendale, CA Office Overview
Glendale is the fourth-largest city in Los Angeles county, and is part of the Los Angeles metropolitan area. Home to a population estimated at nearly 204,000 residents, the city has a lot to offer to its businesses and inhabitants. Neighbors include Burbank to the west, the San Fernando Valley and Angeles Forest to the north, Pasadena to the east, and Northeast and Central L.A. to the south.
Located just 10 miles from Downtown Los Angeles, Glendale is surrounded by regional highlights: Griffith Park and its observatory on one side, and Mount Wilson Observatory on the other, the Jet Propulsion Laboratory, the Rose Bowl Stadium, the multitude of television and film studios in Burbank, and so much more. The city is home to headquarters and operations of companies including DreamWorks, International House of Pancakes, Walt Disney Co.’s Disney's Grand Central Creative Campus, which includes the Marvel Animation Studios, and the California State Compensation Insurance Fund.
Glendale, CA Office Inventory Description
As of mid-2017, the Glendale office market encompassed nearly 8 million square feet of office space in properties larger than 50,000 square feet. Glendale is a major production center for the entertainment and animation industries. These powerful regional economic sectors, along with numerous large corporate centers, generate continuously robust demand for office space in the city. Nearly 65% of the local office inventory is Class A, while Class B product accounts for nearly 3 million square feet of inventory.
Most of the larger office properties in town are clustered below Glenoaks Boulevard, in the Glendale City Center, Grand Central, Pacific Edison, and Tropico neighborhoods. Notable investment-grade local properties include the Glendale Memorial Medical Pavilion, the Central Medical Plaza, and the Seeley Creative Campus at 1800 South Brand Boulevard.
Glendale, CA Commercial Inventory Breakdown
Office Spaces
Total: 7,916,835 SF
By square footage range:
- 50k to 100k SF: 1,252,239 SF / 15.82% of total office
- 100k to 500k SF: 5,554,336 SF / 70.16% of total office
- 500k to 1M SF: 1,110,260 SF / 14.02% of total office
By class:
- Class A: 5,364,106 SF / 67.76% of total office
- Class B: 2,552,729 SF / 32.24% of total office
Top 10 Largest Office Buildings
in Glendale
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| 800 North Brand Blvd | 800 North Brand Blvd, 91203 | 518,302 | 1990 |
| Dreamworks Animation Studios | 1000 Flower Street, 91201 | 459,770 | 1997 |
| 500 North Brand | 500 North Brand Blvd, 91203 | 420,151 | 1990 |
| Glendale City Center | 101 North Brand Blvd, 91203 | 408,034 | 1990 |
| Glendale Center | 611 North Brand Blvd, 91203 | 382,230 | 1972 |
| 330 North Brand Blvd | 330 North Brand Blvd, 91203 | 330,943 | 1982 |
| 505 North Brand Blvd | 505 North Brand Blvd, 91203 | 319,864 | 1986 |
| 550 North Brand | 550 North Brand Blvd, 91203 | 302,119 | 1986 |
| Glendale Gateway - 801 North Brand Blvd | 801 North Brand Blvd, 91203 | 282,698 | 1986 |
| Grand Central Creative Campus | 1101 Flower Street, 91201 | 250,832 | 2006 |
Most Recently-Built Office Buildings
in Glendale
| Office building | Address | Sqft | Year built |
|---|---|---|---|
| The Masonic Temple | 234 South Brand Blvd, 91204 | 50,000 | 2016 |
| Rexford Creative Campus | 700 Allen Avenue, 91201 | 25,168 | 2015 |
| 3600 North Verdugo Road | 3600 North Verdugo Road, 91208 | 29,794 | 2010 |
| 207 Goode Avenue | 207 Goode Avenue, 91203 | 189,109 | 2009 |
| Hollywood Production Center 3 | 225 East Broadway, 91205 | 76,000 | 2009 |
| Lee Hughes Medical Building | 1500 East Chevy Chase Drive, 91206 | 76,758 | 2008 |
| St. Mary's Medical Center | 800 South Central Avenue, 91204 | 39,552 | 2007 |
| Grand Central Creative Campus | 1101 Flower Street, 91201 | 250,832 | 2006 |
| 501 North Orange Street | 501 North Orange Street, 91203 | 27,000 | 2004 |
| Glendale Memorial Medical Pavilion | 222 West Eulalia Street, 91204 | 59,927 | 2002 |
Glendale, CA Green Office Space
Over 30% of the local office properties larger than 50,000 square feet are green program compliant – LEED, EPA Energy Star rating, or other. In total, green office space in Glendale amounts to more than 3.6 million square feet. One local example is the Glendale City Center on North Brand Avenue. This property was completed in 1990 and encompasses more than 408,000 square feet of LEED Gold-certified office space.
As one of the most environmentally-friendly states in the U.S., California is home to six of the top 30 largest green office markets in the country. The 2017 National Green Building Adoption Index surveyed the growth of green building adoption in these top markets between 20505 and 2017 and discovered that eco-conscious commercial real estate development increased from below 5% in 2005 to nearly 40% in mid-2017.
Glendale, CA's Top Office-Using Sectors
Demand on the Glendale market is driven by enterprises and institutions operating in economic sectors like healthcare, software, and entertainment.
- Healthcare – the Glendale Adventist Medical Center, the Glendale Memorial Medical Center, and the USC Verdugo Hills Hospital are among the largest white-collar employers in town, and the largest in the healthcare sector;
- Software – Nero AG and Panda Security are two of the city’s largest employers in the tech industry;
- Entertainment – DreamWorks Animation is one of the largest creators of white-collar employment in the creative industry;
- Corporate Office – Glenair Inc., Public Storage, International House of Pancakes anre just a few of the companies that have large offices, regional or general headquarters located in Glendale.
Glendale Demographics
Population
- Total Population199,750
- Male Population(47.5 %) 94,851
- Female Population(52.5 %) 104,899
- Median Age41.20
Income/Financial
- Average Household Income$86,639
- Median Household Income$58,657
- Median Income Under 25$43,226
- Median Income 25-44$72,793
- Median Income 45-64$65,522
- Median Income Over 65$33,700
News
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