2023 Office Space Rent & Sales
- $26.77 2023 Avg. Asking Rent
- 2.69% Y-o-Y Avg. Asking Rent Change
- 27.78% 2023 Office Vacancy Rate
Woodland Hills office price per square foot in 2023 was $26.77 on average. This marked a +2.69% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 27.78% 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
Woodland Hills, CA Office Asking Rents by Class
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Office building | Address | SF | Completed |
---|---|---|---|
The Q | 6109 De Soto Ave, 91367 | 101,376 | 2024 |
Campus at Warner Center | 21255 & 21215 Burbank Blvd., 91367 | 513 | 2007 |
LNR Warner Center - Ph. I, Bldg. B | 21281 Burbank Blvd., 91367 | 177,200 | 2001 |
LNR Warner Center - Ph. I, Bldg. C | 21271 Burbank Blvd., 91367 | 177,200 | 2001 |
Farmers Plaza - 6301 Owensmouth Avenue | 6301 Owensmouth Avenue, 91367 | 251,190 | 1999 |
Warner Center Tower 3 | 21650 Oxnard Street, 91367 | 585,848 | 1991 |
Warner Center Tower 6 | 21700 Oxnard Street, 91367 | 503,597 | 1990 |
Warner Gateway B | 21860 Burbank Blvd., 91367 | 116,901 | 1989 |
20640-20668 Ventura Blvd | 20640 Ventura Blvd, 91364 | 28,554 | 1989 |
Gibraltar Group Plaza | 22141 Ventura Blvd, 91364 | 20,557 | 1989 |
Worth noting among recent office completions on the Woodland Hills market is The Q, which is currently the largest new office development in the city, at 101,376 square feet.
See reports for other markets
- Los Angeles Office Rent Price
- San Francisco Office Rent Price
- San Diego Office Rent Price
- Sacramento Office Rent Price
- San Jose Office Rent Price
- Irvine Office Rent Price
- Fresno Office Rent Price
- Oakland Office Rent Price
- Palo Alto Office Rent Price
- Santa Monica Office Rent Price
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- Redwood City Office Rent Price
- Walnut Creek Office Rent Price
- Santa Clara Office Rent Price
- Long Beach Office Rent Price
- 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 Woodland Hills 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.