In addition to preferred particularities of local culture, economy, and geography, businesses looking to expand or relocate also give great consideration to the size, variety, and quality of the commercial real estate in and around their city of interest.
Total Office Space in California: 1,481,681,791 Sq. Ft.
In California, the largest share of office space is in office properties sized 100k to 500k square feet. In terms of quality rating, you’ll find that 541,999,908 square feet of office space in California is rated Class A. Office space rated Class B amount to 643,276,357 square feet.
California Office Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Office |
| 50k to 100k Sq. Ft. |
295,263,766 Sq. Ft. |
19.93% |
| 100k to 500k Sq. Ft. |
743,942,589 Sq. Ft. |
50.21% |
| 500k to 1M Sq. Ft. |
161,287,541 Sq. Ft. |
10.89% |
| > 1M Sq. Ft. |
122,724,535 Sq. Ft. |
8.28% |
California Office Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Office |
| Class A+ |
43,476,605 Sq. Ft. |
2.93% |
| Class A |
541,999,908 Sq. Ft. |
36.58% |
| Class B |
643,276,357 Sq. Ft. |
43.42% |
| Class C |
37,899,001 Sq. Ft. |
2.56% |
Data was provided by CommercialEdge, refers to properties larger than 50,000 square feet.
Total Industrial Space in California: 2,815,326,220 Sq. Ft.
California is home to an industrial real estate market that encompasses 2,815,326,220 square feet of space across 5568 industrial properties of various use types, sizes, and quality ratings.
California Industrial Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Industrial |
| 50k to 100k Sq. Ft. |
440,703,667 Sq. Ft. |
15.65% |
| 100k to 500k Sq. Ft. |
1,321,086,081 Sq. Ft. |
46.92% |
| 500k to 1M Sq. Ft. |
379,088,950 Sq. Ft. |
13.47% |
| > 1M Sq. Ft. |
305,776,810 Sq. Ft. |
10.86% |
California Industrial Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Industrial |
| Class A |
1,168,605,312 Sq. Ft. |
41.51% |
| Class B |
1,285,481,098 Sq. Ft. |
45.66% |
| Class C |
123,360,539 Sq. Ft. |
4.38% |
Data was provided by CommercialEdge, refers to industrial use properties larger than 50,000 square feet.
Total Retail Space in California: 818,003,412 Sq. Ft.
The California commercial real estate market includes 5622 properties that are dedicated to retail use. The various types of retail space here account for 818,003,412 square feet of commercial property in California.
California Retail Market Breakdown by Building Size
| Building Size Range |
Total Square Feet |
Share of Total Retail |
| 50k to 100k Sq. Ft. |
189,645,728 Sq. Ft. |
23.18% |
| 100k to 500k Sq. Ft. |
410,004,685 Sq. Ft. |
50.12% |
| 500k to 1M Sq. Ft. |
60,216,292 Sq. Ft. |
7.36% |
| > 1M Sq. Ft. |
41,129,867 Sq. Ft. |
5.03% |
California Retail Market Breakdown by Building Quality Rating
| Class |
Total Square Feet |
Share of Total Retail |
| Class A |
31,050 Sq. Ft. |
0% |
| Class B |
34,900 Sq. Ft. |
0% |
Data was provided by CommercialEdge and refers to retail properties larger than 50,000 square feet.
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