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Office Space for Rent in Torrance, CA - 109 Listings

Torrance, CA - Office Market Overview

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The Torrance real estate market includes the Harbor Gateway South, Hollywood Riviera, and West Torrance - Southwood office space submarkets. Located in the South Bay region of Los Angeles County, Torrance is home to nearly 150,000 residents and is also part of the Greater Los Angeles metro area, which is home to over 13 million people.

As of mid-2017, the Torrance office market encompasses over 8.3 million square feet of existing office space in properties larger than 50,000 square feet. The large number of high technology businesses within the city help to drive the demand for both office space and commercial real estate in Torrance, CA.

Torrance, CA - Office Inventory Description

As far back as the early 1900s, Torrance was planned to be a mixed-use residential and industrial community. The plan succeeded so well that today Torrance contributes a significant share to the $682 billion in annual gross metropolitan product to the Los Angeles - Long Beach - Glendale area. Of the total Torrance office space in buildings larger than 50,000 square feet, over 1.6 million square feet is Class A or A+ office space, with Class B office inventory adding another 6.5 million square feet of space to the office market in Torrance, CA.

The Torrance Central Business District office submarket is one of the many areas in the city that sees consistent demand for Class A office space. Located between Hawthorne Boulevard and Madrona Avenue, north of Sepulveda Boulevard, this area is home to portfolio office buildings such as the Pacific Center, Mariner Court, and the Commonwealth Plaza office building on West Carson Street.

Torrance, CA Commercial Inventory Breakdown

Office Spaces

Total: 9,126,690 SF

Data provided by Yardi Matrix, properties over 50k SF, includes office with retail

By square footage range:

  • 50k to 100k SF: 3,010,645 SF / 32.99% of total office
  • 100k to 500k SF: 4,492,807 SF / 49.23% of total office
  • 500k to 1M SF: 1,623,238 SF / 17.79% of total office

By class:

  • Class A: 1,737,337 SF / 19.04% of total office
  • Class B: 7,295,241 SF / 79.93% of total office
  • Class C: 94,112 SF / 1.03% of total office

Top 10 Largest Office Buildings

in Torrance

Office building Address Sqft Year built
North American Honda Headquarters 1919 Torrance Blvd, 90501 997,143 1983
Toyota South Campus 19801 South Western Avenue, 90501 626,095 2003
19001 South Western Avenue 19001 South Western Avenue, 90501 325,408 1973
The Torrance 21250 Hawthorne Blvd, 90503 306,765 1988
1625 Abalone Avenue 1625 Abalone Avenue, 90501 251,753 1992
Hamilton Place 20101 Hamilton Avenue, 90502 239,849 1984
Pacific Gateway 19191 South Vermont Avenue, 90502 232,152 1982
Del Amo Crossing - The Tower 21515 Hawthorne Blvd, 90503 227,666 1967
Gateway Towers West 990 West 190th Street, 90502 221,758 1987
Gateway Towers East 970 West 190th Street, 90502 221,758 1984

Most Recently-Built Office Buildings

in Torrance

Office building Address Sqft Year built
Providence Breeze Ambulatory Care Center 5215 Torrance Blvd, 90503 106,000 2018
Torrance Memorial Specialty Center 2841 Lomita Blvd, 90505 65,000 2012
5315 Torrance Blvd 5315 Torrance Blvd, 90503 31,600 2011
Torrance Freeway Business Center 2203 West 190th Street, 90504 88,000 2005
Toyota South Campus 19801 South Western Avenue, 90501 626,095 2003
1899 Western Way 1899 Western Way, 90501 81,461 2003
2632 West 237th Street 2632 West 237th Street, 90505 35,417 2001
Maritz Building 20285 South Western Avenue, 90501 79,500 2000
Sakura Finetek USA 1750 West 214th Street, 90501 85,270 1998
23001 Hawthorne Blvd 23001 Hawthorne Blvd, 90505 34,720 1996

Torrance, CA - Green Office Space

Employment

Energy-efficient, green office space in Torrance is increasingly in demand from both tenants and office building investors alike. Across the major markets in California and the U.S., the percentage of office buildings larger than 50,000 square feet that are classified as green buildings, LEED-certified, or EPA Energy Star-rated has increased over the past 12 years by 33%.

A great example of a LEED-certified office building in Torrance is the Toyota South Campus on South Western Avenue. Located in the Old Torrance commercial real estate submarket of the city, this 626,000-square-foot building was constructed in 2003 and holds a LEED Gold certification.

That's just one example. Looking at the Metro Los Angeles area as a whole, the region ranks 13th among the top 30 office markets in the U.S. for the percentage of green, LEED-certified, or Energy Star-rated office buildings. This is according to the 2017 National Green Building Adoption Index survey.

Torrance, CA's Top Office-Using Sectors

The Torrance office market is growing, thanks in large part to top office-using sectors like auto & aerospace, healthcare, light manufacturing, and large corporate office users.

  • Auto & Aerospace – American Honda Motor Company, Inc., Honda R&D Americas, Honeywell Aerospace, and Robinson Helicopter Company are some of the largest creators of white-collar office employment in Torrance, CA.
  • Healthcare – Institutions such as the Torrance Memorial Medical Center help create demand for white-collar office space in Torrance.
  • Light Manufacturing – Alcoa Fastening Systems, Pelican Products, Verengo Solar, and Rapiscan Systems are a few of the companies in this top office-using sector of Torrance, California.
  • Corporate Office – Large corporate office users such as Arconic, Conesys, Exxon Mobile, J-Tech, and Younger Optics help create demand for commercial real estate in Torrance, CA.

Torrance Demographics

Population

  • Total Population147,190
  • Male Population(49.0 %) 72,110
  • Female Population(51.0 %) 75,080
  • Median Age41.70

Income/Financial

  • Average Household Income$107,980
  • Median Household Income$85,070
  • Median Income Under 25$41,104
  • Median Income 25-44$93,621
  • Median Income 45-64$104,084
  • Median Income Over 65$51,680

News

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