2023 Office Space Rent & Sales
- $29.34 2023 Avg. Asking Rent
- -2.42% Y-o-Y Avg. Asking Rent Change
- 10.82% 2023 Office Vacancy Rate
Ontario office price per square foot in 2023 was $29.34 on average. This marked a -2.42% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 10.82% 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
Ontario, CA Office Asking Rents by Class
Office Spaces for Rent in California
Coworking Spaces in California
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2023 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
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- San Diego Office Rent Price
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- Fresno 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 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.