2024 Office Space Rent & Sales
- $27.54 2024 Avg. Asking Rent
- 13.41% 2024 Office Vacancy Rate
- $40.7M2024 Total Office Sales
- $194.77Avg. Sale Price/SF
Ontario office price per square foot in 2024 was $27.54 on average. The local office market recorded an average vacancy rate of 13.41% across all asset classes combined. The 4 transactions that closed here throughout 2024 amounted to a total sale volume of $40.7M. Ontario office space commanded an average sale price per square foot of $194.77.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Ontario Class A & A+ Office Space$31.10
- Ontario Class B Office Space$24.78
- California Class A & A+ Office Space$60.31
- California Class B Office Space$38.42
- California Class C Office Space$26.20
Ontario, CA Office Asking Rents by Class
2024 Office Vacancy Rates in Ontario
Submarket | Asking Rents | Vacancy Rates |
---|---|---|
Ontario - Chino | $27.38 | 11.47% |
Fontana | $21.16 | 4.92% |
Ontario Office Sale Price per SF
- $194.772024 Avg. Price per SF
- -46.24%Y-o-Y Avg. PpSF Change
- $40.7M2024 Office Sales Volume
- 42024 Number of Transactions
Ontario, CA Sale Price per SF Trend
- Ontario Avg. Sale Price per SF in 2024$194.77
- California Avg. Sale Price per SF in 2024$249.15
2024 Office Sales Volume
- Ontario, CA Total Office Sales Volume in 2024 $40.7M
- Ontario, CA Total Number of Office Sales Closed in 2024 4
Coworking Spaces in California
- Los Angeles Coworking Space
- San Diego Coworking Space
- San Francisco Coworking Space
- Seattle Coworking Space
- Las Vegas Coworking Space
- Phoenix Coworking Space
- Irvine Coworking Space
- Salt Lake City Coworking Space
- Sacramento Coworking Space
- Scottsdale Coworking Space
- Bellevue Coworking Space
- Oakland Coworking Space
- Carlsbad Coworking Space
- San Jose Coworking Space
- Long Beach Coworking Space
- Newport Beach Coworking Space
- Pasadena Coworking Space
- Tacoma Coworking Space
- Tucson Coworking Space
- Berkeley Coworking Space
- Palo Alto Coworking Space
2024 Office Construction in Ontario, CA
Office building | Address | SF | Completed |
---|---|---|---|
Ontario Airport Tower | 2855 East Guasti Road, 91761 | 149,946 | 2008 |
One Piemonte | 901 Via Piemonte, 91764 | 122,500 | 2008 |
4550 Ontario Mills Pkwy | 4550 Ontario Mills Pkwy, 91764 | 26,496 | 2008 |
990 Barrington Ave | 990 Barrington Ave, 91764 | 289,793 | 2007 |
Empire Towers V | 3990 Concours Street, 91764 | 124,529 | 2007 |
3546 Concours Street | 3546 Concours Street, 91764 | 74,075 | 2007 |
Waterside Center I | 3200 East Guasti Road, 91761 | 72,589 | 2007 |
3546 Concours St. | 3546 Concours St., 91764 | 56,668 | 2007 |
3237 E Guasti Rd | 3237 E Guasti Rd, 91761 | 53,911 | 2006 |
Waterside Center III | 3110 East Guasti Road, 91761 | 100,000 | 2005 |
Worth noting among recent office completions on the Ontario market is Ontario Airport Tower, which is currently the largest new office development in the city, at 149,946 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
- Pasadena Office Rent Price
- 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 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Ontario 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.