2023 Office Space Rent & Sales
- $24.43 2023 Avg. Asking Rent
- 18.50% 2023 Office Vacancy Rate
Goleta office price per square foot in 2023 was $24.43 on average. The local office market recorded an average vacancy rate of 18.50% across all asset classes combined.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Goleta Class B Office Space$24.43
- California Class A & A+ Office Space$56.30
- California Class B Office Space$37.45
- California Class C Office Space$44.91
Goleta, CA Office Asking Rents by Class
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Office building | Address | SF | Completed |
---|---|---|---|
Storke Hollister Research Center | 6950 Hollister Avenue, 93117 | 58,854 | 2000 |
Castilian Technical Center - 50 Castilian Drive | 50 Castilian Drive, 93117 | 43,000 | 1999 |
Los Carneros Business Center | 6489 Calle Real, 93117 | 42,838 | 1998 |
Tech Park @ Castilian | 150 Castilian Drive, 93117 | 66,384 | 1996 |
Santa Barbara Corporate Center - GRCI Founders Building | 5383 Hollister Avenue, 93111 | 81,956 | 1995 |
6500 Hollister Avenue | 6500 Hollister Avenue, 93117 | 74,000 | 1994 |
Santa Barbara Corporate Center - Mentor Corporation Building 1 | 5425 Hollister Avenue, 93111 | 72,489 | 1991 |
Campus Pointe - 71 South Los Carneros Road | 71 South Los Carneros Road, 93117 | 105,257 | 1990 |
Tech Park @ Cremona - 175 Cremona Drive | 175 Cremona Drive, 93117 | 51,023 | 1989 |
Tech Park @ Cremona - 125 Cremona Drive | 125 Cremona Drive, 93117 | 82,405 | 1987 |
Worth noting among recent office completions on the Goleta market is Storke Hollister Research Center, which is currently the largest new office development in the city, at 58,854 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Goleta commercial properties sized 25,000 square feet or larger.
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 CommercialEdge can guarantee that the information provided is complete.