2023 Office Space Rent & Sales
- $38.47 2023 Avg. Asking Rent
- 0.84% Y-o-Y Avg. Asking Rent Change
- 15.10% 2023 Office Vacancy Rate
Glendale office price per square foot in 2023 was $38.47 on average. This marked a +0.84% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 15.10% 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
- Glendale Class A & A+ Office Space$38.66
- Glendale Class B Office Space$37.08
- California Class A & A+ Office Space$56.30
- California Class B Office Space$37.45
- California Class C Office Space$44.91
Glendale, CA Office Asking Rents by Class
Office Spaces for Rent in California
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2023 Office Construction in Glendale, CA
| Office building | Address | SF | Completed |
|---|---|---|---|
| 500 East Colorado Street | 500 East Colorado Street, 91205 | 39,067 | 2020 |
| 240 S Jackson St, Suite 310 | 240 S Jackson St, Suite 310, 91205 | 4,263 | 2010 |
| 207 N Goode Ave | 207 Goode Avenue, 91203 | 189,109 | 2009 |
| 207 Goode Avenue | 207 Goode Avenue, 91203 | 189,109 | 2009 |
| Lee Hughes Medical Office Building | 1500 E Chevy Chase Drive, 91206 | 76,197 | 2008 |
| Dignity Glendale | 222 West Eulalia Street, 91204 | 59,927 | 2002 |
| Glendale Memorial Medical Pavilion | 222 W Eulalia Street, 91204 | 57,600 | 2002 |
| 450 North Brand Blvd | 450 North Brand Blvd, 91203 | 247,000 | 1999 |
| 655 North Central Avenue | 655 North Central Avenue, 91203 | 591,958 | 1998 |
| Glendale Adventist Medical Center - Physicians Medical Terrace | 1505 Wilson Terrace, 91206 | 138,495 | 1992 |
Worth noting among recent office completions on the Glendale market is 500 East Colorado Street, which is currently the largest new office development in the city, at 39,067 square feet.
See reports for other markets
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- Beverly Hills Office Rent Price
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 Glendale 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.