2023 Office Space Rent & Sales
- $29.26 2023 Avg. Asking Rent
- 16.92% 2023 Office Vacancy Rate
Brea office price per square foot in 2023 was $29.26 on average. The local office market recorded an average vacancy rate of 16.92% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- California Class A & A+ Office Space$56.30
- California Class B Office Space$37.45
- California Class C Office Space$44.91
Brea, CA Office Asking Rents by Class
2023 Office Vacancy Rates in Brea
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Brea | $31.26 | 9.83% |
Fullerton | $30.18 | 28.14% |
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2023 Office Construction in Brea, CA
Office building | Address | SF | Completed |
---|---|---|---|
ECCU Campus | 915 West Imperial Hwy, 92821 | 288,189 | 2007 |
Olen Pointe Brea III | 6 Pointe Drive, 92821 | 131,687 | 2006 |
Fairway Center II | 675 Placentia Avenue, 92821 | 133,943 | 2002 |
Olen Pointe Brea II | 10 Pointe Drive, 92821 | 280,203 | 2000 |
Brea Corporate Park - 3010 & 3050 Saturn Street | 3010 Saturn Street, 92821 | 52,937 | 1999 |
Brea Corporate Park - 3040 Saturn Street | 3040 Saturn Street, 92821 | 53,000 | 1991 |
Olen Pointe Brea I | 1 Pointe Drive, 92821 | 206,539 | 1989 |
Olen Lambert Business Center | 411 W Lambert Rd, 92821 | 80,422 | 1989 |
330 East Lambert Road | 330 East Lambert Road, 92821 | 43,800 | 1988 |
Brea Place - 135 South State College Blvd | 135 South State College Blvd, 92821 | 163,857 | 1987 |
Worth noting among recent office completions on the Brea market is ECCU Campus, which is currently the largest new office development in the city, at 288,189 square feet.
See reports for other markets
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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 Brea 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.