2023 Office Space Rent & Sales
- $20.05 2023 Avg. Asking Rent
- 0.19% Y-o-Y Avg. Asking Rent Change
- 11.34% 2023 Office Vacancy Rate
San Bernardino office price per square foot in 2023 was $20.05 on average. This marked a +0.19% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 11.34% 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
San Bernardino, CA Office Asking Rents by Class
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2023 Office Construction in San Bernardino, CA
Office building | Address | SF | Completed |
---|---|---|---|
Marshall Plaza | 701-895 W 2nd St, 92410 | 153,278 | 1991 |
1845 S. Business Center Dr. | 1845 S. Business Center Dr., 92408 | 83,982 | 1989 |
Commerce Plaza | 242 E Airport Dr, 92408 | 24,688 | 1987 |
Tri-City Corporate Centre - One Vanderbilt Way | 301 East Vanderbilt Way, 92408 | 73,730 | 1986 |
1585 S. D St. | 1585 S. D St., 92408 | 19,413 | 1985 |
202 East Airport Drive | 202 East Airport Drive, 92408 | 50,066 | 1984 |
251-259 & 245 E Redlands Blvd | 251-259 & 245 E Redlands Blvd, 92408 | 118,000 | 1980 |
Commerce Business Center | 1831 Commercecenter West, 92408 | 6,615 | 1980 |
1493 E San Bernardino Ave | 1493 E San Bernardino Ave, 92408 | 39,325 | 1979 |
1906 South Commercenter East | 1906 S Commercenter E, 92408 | 17,280 | 1978 |
Worth noting among recent office completions on the San Bernardino market is Marshall Plaza, which is currently the largest new office development in the city, at 153,278 square feet.
See reports for other markets
- Los Angeles Office Rent Price
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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 San Bernardino 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.