2566 Overland Ave

2566 Overland Ave offers businesses 3,330 square feet for rent in Los Angeles, This listing is perfect for small businesses searching for high-end space.

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Los Angeles Tenant Advisors

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11150 W Olympic Blvd

11150 W Olympic Blvd offers companies 1,911 square feet for rent in Los Angeles, This listing is ideal for small businesses seeking for high quality space.

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Los Angeles Tenant Advisors

Centurycityofficespace.com has helped numerous clients find office space for lease throughout the Los Angeles Area. Our tenant reps work with companies ranging from startups to Fortune 500 companies and our extensive commercial real estate services are given at no cost to clients. We assist Los Angeles area businesses through every step of the commercial lease process from initial property selection to arranging building tours and negotiating a competitive lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists gives free space planning and lease analysis to ensure you utilize space effectively and arent losing money with unfavorable lease provisions. Over the course of a lease, our complimentary commercial real estate services can save thousands of dollars if not more by gaining free rent, reduced , substantial tenant improvement allowances and other considerations. Fill out our simple contact form and get your free office report today.

1901 Avenue of the Stars

1901 Avenue of the Stars gives companies 7,524 square feet for lease in Los Angeles, This listing is great for small businesses searching for high-end space.

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Los Angeles Tenant Advisors

Centurycityofficespace.com has assisted numerous clients secure office space for lease throughout the Los Angeles Area. Our tenant reps work with clients ranging from startups to international businesses and our comprehensive commercial real estate services are provided at no cost to clients. We assist Los Angeles area businesses at every step of the commercial lease process from initial property selection to scheduling building tours and negotiating a competitive lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists provides free space planning and lease analysis to ensure you utilize space wisely and arent wasting money with adverse lease provisions. Over the course of a lease, our free commercial real estate services can save $1000s if not more by securing free rent, reduced , generous tenant improvement allowances and other considerations. Fill out our quick contact form and get your free office report today.

11150 W Olympic Blvd

11150 W Olympic Blvd provides businesses 9,374 square feet for lease in Los Angeles, This listing is perfect for small businesses searching for great space.

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Los Angeles Tenant Advisors

Centurycityofficespace.com has helped numerous clients locate offices for lease throughout the Los Angeles Area. Our tenant reps work with businesses ranging from small businesses to Fortune 500 companies and our extensive commercial real estate services are provided at no cost to clients. We assist Los Angeles area businesses through every point of the commercial lease process from initial property selection to arranging building tours and negotiating a favorable lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists offers free space planning and lease review to ensure you utilize space wisely and arent wasting money with adverse lease provisions. Over the course of a lease, our complimentary commercial real estate services can save $1000s if not more by securing free rent, reduced , generous tenant improvement allowances and other considerations. Fill out our easy contact form and get your free property report today.

1925 Century Park E

1925 Century Park E offers tenants 14,939 square feet for lease in Los Angeles, This listing is perfect for small businesses seeking for high quality space.

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Los Angeles Tenant Advisory Services

Centurycityofficespace.com has assisted numerous companies locate office space for lease throughout the Los Angeles Area. Our tenant reps work with businesses ranging from small businesses to Fortune 500 companies and our comprehensive commercial real estate services are given at no cost to clients. We assist Los Angeles area businesses through every point of the commercial lease process from initial site selection to scheduling building tours and negotiating a favorable lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists offers complimentary space planning and lease analysis to ensure you utilize space effectively and arent losing money with adverse lease provisions. Over the course of a lease, our complimentary commercial real estate services can save $1000s if not more by securing free rent, reduced , generous tenant improvement allowances and other considerations. Fill out our simple contact form and get your free office report today.

1999 Avenue of the Stars

1999 Avenue of the Stars provides businesses 35,154 square feet for lease in Los Angeles, This listing is ideal for small businesses seeking for high-end space.

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Los Angeles Commercial Real Estate Advisors

Centurycityofficespace.com has assisted numerous companies locate office space for rent throughout the Los Angeles Area. Our our tenant representatives work with clients ranging from small businesses to Fortune 500 companies and our comprehensive commercial real estate services are given at no cost to clients. We assist Los Angeles area businesses at every step of the commercial lease process from initial property selection to scheduling building tours and negotiating a favorable lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists gives complimentary space planning and lease review to ensure you utilize space effectively and arent losing money with adverse lease provisions. Over the course of a lease, our free tenant representation services can save $1000s if not more by securing free rent, reduced , generous TI allowances and other considerations. Fill out our quick contact form and get your free property report today.

1875 Century Park E

1875 Century Park E offers businesses 24,559 square feet for lease in Los Angeles, This available office listing is perfect for small businesses seeking for high quality space.

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Los Angeles Commercial Real Estate Advisors

Centurycityofficespace.com has helped numerous companies secure offices for rent throughout the Los Angeles Area. Our tenant reps work with clients ranging from small businesses to international businesses and our comprehensive commercial real estate services are given at no cost to clients. We assist Los Angeles area businesses through every point of the commercial lease process from initial site selection to scheduling building tours and negotiating a favorable lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists gives free space planning and lease review to ensure you utilize space wisely and arent losing money with unfavorable lease provisions. Over the course of a lease, our complimentary commercial real estate services can save $1000s if not more by securing free rent, reduced , substantial tenant improvement allowances and other considerations. Fill out our easy contact form and get your free property report today.

1888 Century Park E

1888 Century Park E gives tenants 39,746 square feet for rent in Los Angeles, This available office listing is great for small businesses searching for high quality space.

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Los Angeles Tenant Advisory Services

Centurycityofficespace.com has assisted numerous companies find office space for rent throughout the Los Angeles Area. Our tenant reps work with clients ranging from small businesses to multinational corporations and our extensive commercial real estate services are provided at no cost to clients. We assist Los Angeles area businesses at every point of the commercial leasing process from initial property selection to arranging building tours and negotiating a competitive lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists provides free space planning and lease analysis to ensure you utilize space wisely and arent wasting money with unfavorable lease provisions. Over the duration of a lease, our complimentary tenant representation services can save $1000s if not more by gaining free rent, reduced , substantial tenant improvement allowances and other considerations. Fill out our easy contact form and get your free office report today.

1900 Avenue Of The Stars

1900 Avenue Of The Stars provides tenants 5,732 square feet for lease in Los Angeles, This property is ideal for small businesses searching for high-end space.

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Los Angeles Tenant Advisory Services

Centurycityofficespace.com has helped numerous companies find office space for rent throughout the Los Angeles Area. Our our tenant representatives work with clients ranging from startups to Fortune 500 companies and our extensive commercial real estate services are provided at no cost to clients. We assist Los Angeles area businesses at every point of the commercial leasing process from initial property selection to scheduling building tours and negotiating a competitive lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists offers free space planning and lease analysis to ensure you utilize space wisely and arent losing money with unfavorable lease provisions. Over the course of a lease, our complimentary tenant representation services can save thousands of dollars if not more by gaining free rent, reduced , substantial TI allowances and other considerations. Fill out our quick contact form and get your free office report today.

2029 Century Park E

2029 Century Park E gives businesses 19,676 square feet for rent in Los Angeles, This property is ideal for small businesses searching for high-end space.

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Los Angeles Commercial Real Estate Advisors

Centurycityofficespace.com has helped numerous companies find office space for lease throughout the Los Angeles Area. Our our tenant representatives work with businesses ranging from small businesses to multinational corporations and our comprehensive commercial real estate services are provided at no cost to clients. We assist Los Angeles area businesses at every step of the commercial lease process from initial site selection to arranging building tours and negotiating a competitive lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists provides free space planning and lease analysis to ensure you utilize space wisely and arent wasting money with unfavorable lease provisions. Over the course of a lease, our complimentary commercial real estate services can save thousands if not more by securing free rent, reduced , generous tenant improvement allowances and other considerations. Fill out our quick contact form and get your free property report today.

2049 Century Park E

2049 Century Park E offers tenants 36,298 square feet for lease in Los Angeles, This listing is great for small businesses searching for high-end space.

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Los Angeles Tenant Advisors

Centurycityofficespace.com has assisted numerous businesses secure offices for rent throughout the Los Angeles Area. Our tenant reps work with companies ranging from small businesses to multinational corporations and our extensive commercial real estate services are provided at no cost to clients. We assist Los Angeles area businesses through every point of the commercial leasing process from initial site selection to arranging building tours and negotiating a competitive lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists gives complimentary space planning and lease analysis to ensure you utilize space effectively and arent losing money with adverse lease provisions. Over the duration of a lease, our free tenant representation services can save thousands if not more by gaining free rent, reduced , generous TI allowances and other considerations. Fill out our simple contact form and get your free office report today.

10635 Santa Monica Blvd

10635 Santa Monica Blvd offers tenants 6,342 square feet for rent in Los Angeles, This listing is great for small businesses seeking for high quality space.

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Los Angeles Tenant Advisory Services

Centurycityofficespace.com has assisted numerous companies secure offices for lease throughout the Los Angeles Area. Our our tenant representatives work with clients ranging from small businesses to Fortune 500 companies and our comprehensive commercial real estate services are provided at no cost to clients. We assist Los Angeles area businesses at every step of the commercial lease process from initial property selection to scheduling building tours and negotiating a competitive lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists provides complimentary space planning and lease review to ensure you utilize space effectively and arent wasting money with unfavorable lease provisions. Over the duration of a lease, our complimentary commercial real estate services can save thousands if not more by securing free rent, reduced , substantial tenant improvement allowances and other considerations. Fill out our simple contact form and get your free office report today.

10495 Santa Monica Blvd

10495 Santa Monica Blvd offers tenants 6,229 square feet for rent in Los Angeles, This property is great for small businesses seeking for great space.

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Los Angeles Tenant Advisory Services

Centurycityofficespace.com has assisted numerous companies secure office space for rent throughout the Los Angeles Area. Our our tenant representatives work with clients ranging from startups to multinational corporations and our comprehensive commercial real estate services are given at no cost to clients. We assist Los Angeles area businesses at every step of the commercial leasing process from initial site selection to scheduling building tours and negotiating a favorable lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists gives free space planning and lease review to ensure you utilize space wisely and arent wasting money with adverse lease provisions. Over the duration of a lease, our complimentary commercial real estate services can save $1000s if not more by securing free rent, reduced , substantial tenant improvement allowances and other considerations. Fill out our simple contact form and get your free office report today.

10250 Constellation Blvd

10250 Constellation Blvd offers companies 19,731 square feet for rent in Los Angeles, This available office listing is great for small businesses searching for high-end space.

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Los Angeles Commercial Real Estate Advisors

Centurycityofficespace.com has helped numerous companies secure offices for rent throughout the Los Angeles Area. Our tenant reps work with companies ranging from startups to multinational corporations and our extensive commercial real estate services are given at no cost to clients. We assist Los Angeles area businesses through every point of the commercial lease process from initial site selection to arranging building tours and negotiating a favorable lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists provides complimentary space planning and lease review to ensure you utilize space effectively and arent wasting money with adverse lease provisions. Over the course of a lease, our complimentary tenant representation services can save $1000s if not more by gaining free rent, reduced , substantial TI allowances and other considerations. Fill out our quick contact form and get your free office report today.

1800 Century Park E

1800 Century Park E gives companies 5,000 square feet for rent in Los Angeles, This listing is ideal for small businesses searching for great space.

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Los Angeles Tenant Advisory Services

Centurycityofficespace.com has assisted numerous businesses find offices for lease throughout the Los Angeles Area. Our our tenant representatives work with businesses ranging from small businesses to multinational corporations and our comprehensive commercial real estate services are provided at no cost to clients. We assist Los Angeles area businesses at every step of the commercial leasing process from initial property selection to arranging building tours and negotiating a favorable lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists offers free space planning and lease review to ensure you utilize space effectively and arent wasting money with adverse lease provisions. Over the duration of a lease, our complimentary commercial real estate services can save thousands if not more by securing free rent, reduced , generous TI allowances and other considerations. Fill out our quick contact form and get your free office report today.

1875 Century Park E

1875 Century Park E provides businesses 2,600 square feet for lease in Los Angeles, This listing is ideal for small businesses searching for high-end space.

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Los Angeles Commercial Real Estate Advisors

Centurycityofficespace.com has helped numerous companies find offices for lease throughout the Los Angeles Area. Our tenant reps work with businesses ranging from small businesses to Fortune 500 companies and our comprehensive commercial real estate services are provided at no cost to clients. We assist Los Angeles area businesses through every point of the commercial leasing process from initial property selection to scheduling building tours and negotiating a competitive lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists offers free space planning and lease analysis to ensure you utilize space effectively and arent wasting money with adverse lease provisions. Over the course of a lease, our free tenant representation services can save thousands if not more by gaining free rent, reduced , generous tenant improvement allowances and other considerations. Fill out our simple contact form and get your free office report today.

2121 Avenue of the Stars

2121 Avenue of the Stars offers companies 13,952 square feet for rent in Los Angeles, This listing is great for small businesses seeking for high quality space.

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Los Angeles Commercial Real Estate Advisory Services

Centurycityofficespace.com has helped numerous companies secure office space for rent throughout the Los Angeles Area. Our our tenant representatives work with companies ranging from small businesses to Fortune 500 companies and our extensive commercial real estate services are provided at no cost to clients. We assist Los Angeles area businesses at every step of the commercial leasing process from initial property selection to arranging building tours and negotiating a favorable lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists provides free space planning and lease review to ensure you utilize space effectively and arent losing money with adverse lease provisions. Over the duration of a lease, our free commercial real estate services can save thousands of dollars if not more by gaining free rent, reduced , generous tenant improvement allowances and other considerations. Fill out our quick contact form and get your free office report today.

10585 Santa Monica Blvd

10585 Santa Monica Blvd offers businesses 67,812 square feet for lease in Los Angeles, This available office listing is perfect for small businesses seeking for high-end space.

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Los Angeles Tenant Advisors

Centurycityofficespace.com has helped numerous clients locate offices for lease throughout the Los Angeles Area. Our tenant reps work with companies ranging from startups to multinational corporations and our extensive commercial real estate services are provided at no cost to clients. We assist Los Angeles area businesses through every step of the commercial leasing process from initial property selection to scheduling building tours and negotiating a competitive lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists gives free space planning and lease analysis to ensure you utilize space effectively and arent wasting money with adverse lease provisions. Over the course of a lease, our free tenant representation services can save $1000s if not more by gaining free rent, reduced , substantial tenant improvement allowances and other considerations. Fill out our simple contact form and get your free office report today.

10390 Santa Monica Blvd

10390 Santa Monica Blvd provides businesses 8,240 square feet for rent in Los Angeles, This listing is ideal for small businesses seeking for great space.

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Los Angeles Tenant Advisory Services

Centurycityofficespace.com has helped numerous clients locate office space for rent throughout the Los Angeles Area. Our our tenant representatives work with clients ranging from small businesses to international businesses and our extensive commercial real estate services are given at no cost to clients. We assist Los Angeles area businesses through every step of the commercial lease process from initial property selection to scheduling building tours and negotiating a competitive lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists provides complimentary space planning and lease review to ensure you utilize space effectively and arent losing money with adverse lease provisions. Over the course of a lease, our free tenant representation services can save thousands if not more by securing free rent, reduced , substantial tenant improvement allowances and other considerations. Fill out our easy contact form and get your free office report today.

10203 Santa Monica Blvd

10203 Santa Monica Blvd provides businesses 16,908 square feet for lease in Los Angeles, This property is perfect for small businesses searching for great space.

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Los Angeles Commercial Real Estate Advisory Services

Centurycityofficespace.com has assisted numerous businesses secure offices for rent throughout the Los Angeles Area. Our tenant reps work with businesses ranging from startups to multinational corporations and our comprehensive commercial real estate services are provided at no cost to clients. We assist Los Angeles area businesses at every point of the commercial lease process from initial property selection to arranging building tours and negotiating a competitive lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists provides complimentary space planning and lease review to ensure you utilize space effectively and arent wasting money with unfavorable lease provisions. Over the duration of a lease, our free commercial real estate services can save $1000s if not more by securing free rent, reduced , generous TI allowances and other considerations. Fill out our easy contact form and get your free property report today.

10100 Santa Monica Blvd

10100 Santa Monica Blvd provides tenants 27,792 square feet for lease in Los Angeles, This property is perfect for small businesses seeking for high quality space.

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Los Angeles Commercial Real Estate Advisors

Centurycityofficespace.com has helped numerous companies secure office space for lease throughout the Los Angeles Area. Our our tenant representatives work with businesses ranging from startups to Fortune 500 companies and our comprehensive commercial real estate services are given at no cost to clients. We assist Los Angeles area businesses through every step of the commercial lease process from initial property selection to scheduling building tours and negotiating a favorable lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists gives complimentary space planning and lease analysis to ensure you utilize space wisely and arent losing money with unfavorable lease provisions. Over the duration of a lease, our complimentary tenant representation services can save $1000s if not more by gaining free rent, reduced , generous TI allowances and other considerations. Fill out our quick contact form and get your free office report today.

10340 Santa Monica Blvd

10340 Santa Monica Blvd gives companies 3,700 square feet for lease in Los Angeles, This available office listing is ideal for small businesses seeking for high quality space.

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Los Angeles Tenant Advisory Services

Centurycityofficespace.com has assisted numerous clients find office space for rent throughout the Los Angeles Area. Our tenant reps work with businesses ranging from startups to international businesses and our comprehensive commercial real estate services are given at no cost to clients. We assist Los Angeles area businesses through every step of the commercial leasing process from initial property selection to arranging building tours and negotiating a favorable lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists offers complimentary space planning and lease review to ensure you utilize space effectively and arent losing money with adverse lease provisions. Over the course of a lease, our complimentary tenant representation services can save thousands of dollars if not more by securing free rent, reduced , substantial TI allowances and other considerations. Fill out our easy contact form and get your free property report today.

1801 Century Park E

1801 Century Park E offers tenants 11,495 square feet for rent in Los Angeles, This available office listing is ideal for small businesses searching for great space.

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Los Angeles Tenant Advisors

Centurycityofficespace.com has helped numerous businesses locate offices for rent throughout the Los Angeles Area. Our our tenant representatives work with businesses ranging from small businesses to multinational corporations and our comprehensive commercial real estate services are given at no cost to clients. We assist Los Angeles area businesses at every point of the commercial lease process from initial site selection to scheduling building tours and negotiating a favorable lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists provides complimentary space planning and lease review to ensure you utilize space effectively and arent losing money with adverse lease provisions. Over the duration of a lease, our free commercial real estate services can save thousands of dollars if not more by securing free rent, reduced , generous TI allowances and other considerations. Fill out our simple contact form and get your free property report today.

1901 Avenue of the Stars

1901 Avenue of the Stars offers businesses 14,380 square feet for lease in Los Angeles, This property is perfect for small businesses searching for great space.

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Los Angeles Tenant Advisory Services

Centurycityofficespace.com has assisted numerous businesses secure offices for rent throughout the Los Angeles Area. Our tenant reps work with businesses ranging from startups to multinational corporations and our comprehensive commercial real estate services are provided at no cost to clients. We assist Los Angeles area businesses at every step of the commercial lease process from initial site selection to scheduling building tours and negotiating a competitive lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists gives free space planning and lease analysis to ensure you utilize space wisely and arent losing money with unfavorable lease provisions. Over the course of a lease, our complimentary commercial real estate services can save thousands of dollars if not more by gaining free rent, reduced , substantial TI allowances and other considerations. Fill out our quick contact form and get your free office report today.

2029 Century Park E

2029 Century Park E provides businesses 5,000 square feet for rent in Los Angeles, This property is great for small businesses seeking for high quality space.

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Los Angeles Tenant Advisory Services

Centurycityofficespace.com has helped numerous clients secure office space for rent throughout the Los Angeles Area. Our our tenant representatives work with businesses ranging from small businesses to multinational corporations and our comprehensive commercial real estate services are given at no cost to clients. We assist Los Angeles area businesses at every step of the commercial lease process from initial site selection to scheduling building tours and negotiating a competitive lease with landlord concessions. In addition to those commercial services our Los Angeles office specialists provides free space planning and lease review to ensure you utilize space effectively and arent losing money with unfavorable lease provisions. Over the course of a lease, our free tenant representation services can save $1000s if not more by gaining free rent, reduced , generous tenant improvement allowances and other considerations. Fill out our quick contact form and get your free office report today.

Westside Pavilion mall converting most stores to Century City office space

The once-busy Century City Westside Pavilion has been open since the mid-1980s. But soon most of its shops will disappear.

A major renovation project will convert about 80 percent of the mall’s space into Century City offices.

One of the Pavilion’s anchor stores, Macy’s, is holding a closing sale. Nordstrom has already moved out.

The owners of the 600,000 square foot mall say it will maintain some retail space, including a movie theater and restaurants.

The move comes at a time when malls and retailers are struggling to compete with online shopping.

The renovation project will cost at least $425 million. It’s expected to be completed by mid-2021.

Century City’s office vacancy decrease while Downtown Los Angeles barely budges

Downtown Los Angeles may still be in the early stages of revitalized, but its office market is already falling behind — at least compared to Century City.

The once-struggling West LA office market saw its vacancy drop more than 5% percent between 2016 and 2017, from 14 % to 9 %. DTLA’s barely budged, moving from 16.7% to 16.3 percent, according to second quarter data.

The recent growth in Century City can be attributed largely to the growth of entertainment and tech sectors in the surrounding West LA region. As those industries grow, the professional services that serve them grow — and it helps to be a neighbor.

The Century City office space and Downtown Los Angeles are both synonymous with professionals. Century’s niche, however, is the particular services that cater to the entertainment industry, like talent representation and entertainment litigation. Downtown Los Angeles, while close to the Entertainment Studios — is far from the tech and media firm expansion happening in the West LA Silicon Beach area.

“Whether it’s Google in Playa Vista or Snapchat in Santa Monica or Sony in Culver City, the Century City sub market is seeing the spillover effects”. “Things would be very different if Google went to Downtown Los Angeles.”

Because they have long been entertainment-oriented, Century City law firms are defying the trend toward downsizing as firms consolidate nationwide.

The 35-story tower at 10240 Constellation Boulevard, for example, had two tenants recently sign expansion lease: Lakim & Watkins, an entertainment law firm, and ICM Partners, an entertainment consulting group.

“2016 was a year of re-locations and expansions in the Century City office space market,” that compared the buildings that make up the skyline in Century City to those in Downtown Los Angeles. “Looking ahead, it seems like the massive wave of relocation and expansions are over for now but tenants continue to eye the Century City office space market.”

The size of the markets also matters. The Downtown Los Angeles market has about 30M square feet of office space, whereas Century City — often referred to as the Westside or West LA office space market — only has 10M square feet.

“When you have more square footage, you have more challenges.

This does not mean, necessarily, that Downtown landlords should panic. While Century City office space rents have now hit a record high of almost $5.00 per square foot and more a month, Downtown’s skyscrapers offer a discount at $3.33 per square foot. It’s an economic alternative that many firms seek.

“Downtown Los Angeles has sold itself as the lower-cost alternative to the West LA market, and there are a lot of diamonds in the rough in the market,” “Downtown Los Angeles in the long term will be healthy, much more diverse tenant base than West LA.”

Rents rise for the Los Angeles office tenants despite an increase in the vacancy rate

The owners of the Wilshire Grand, a recently completed skyscraper in downtown L.A., are asking about $4.25 a square foot per month for office space. (Mel Melcon / Los Angeles Times)

Premium new office space coming onto the rental market is increasing average rents in Los Angeles County — even as it has driven up the vacancy rate.

Typically, a supply increase of available offices puts downward pressure on rents. But the recently completed Wilshire Grand in downtown Los Angeles and the Pen Factory in Santa Monica are lifting average rents sought by landlords, according to market observers.

“What’s coming online is premium space commanding premium dollars.”

Rents at the Pen Factory, a 1950s Papermate pen manufacturing plant that was turned into offices this year, are close to $5.00 per square foot per month.

The owners of Wilshire Grand, a recently completed hotel and office skyscraper, are asking about $4.25 a foot.

The overall average rent sought by Los Angeles office property owners in the third quarter ended Sept. 30 was $3.32 per square foot per month, up from $3.08 in the same period a year ago and $3.19 in the previous quarter.

Developers emboldened by the region’s sustained economic upturn have completed about 1.7 million square feet of new office space this year, the Los Angeles-based brokerage said.

That pushed the overall third-quarter vacancy rate in Los Angeles County to 14.4%, up from 13.3% in the same period a year earlier and 13.7% in the previous quarter.

Santa Monica, where property owners are asking for more than $6.00 a foot, commands the highest price in the Greater Los Angles area. Downtown Los Angeles is a comparative bargain at $3.47 a foot.

The local office market will continue to strengthen for the next year to 18 months presuming the economy remains strong.

“Even though we have reached full employment and leasing activity is not as robust as it was at its height in 2014 “the market is not weakening.”

Century City Office Space – World’s Top Office Markets

Century City ranks 24 of 121 global office markets with some of the most prestigious rental properties in the world.

Century City office markets is the most prestigious in the world, according to new research. CBRE’s annual Global Prime Office Occupancy Costs report ranks the market number 24 of 121, meaning that the market is competitive on a global scale in terms of occupancy costs. In Century City, occupancy costs are up 5% over the prior year. 

Is it surprising to see that Century City Office Space market ranked so high among global office markets?

Century City office space market district for the West LA and the greater Los Angeles Basin. Some of the newest and highest rent-achieving buildings are located in the prestigious Century City office market.

Why is Century City so appealing to office users?

Proximity to the Westside, Beverly Hills and the entertainment industry and executive housing for the movie industry makes Century City a very well located and desirable home for a number of high-end users.  We’re also seeing tenants migrate to Century City due to the increasing traffic impacts west of the 405.  With the $800 million renovation of the Westfield Mall completed, Century City is now home to a number of high-end restaurants and amenities, allowing it to compete as one of the most amenity-rich locations on the Westside.  Beyond its central location and strong amenity base, the quality of the buildings, prestige of address and the increasing trend of cohabitation from entertainment and professional service firms help set Century City apart from most other submarkets.

This is especially interesting because creative office is often touted as a driver of the office market, but Century City is definitely not a creative office market. What does it say about office trends in general that Century City, a very traditional class-A office market, has such a strong performance and demand?

Century City has not been traditionally known as a creative office market but we’re seeing more and more creative companies considering and moving to Century City because of the multitude of amenities, central location and some owners’ initiatives to address this shift in workplace culture.  For example, at The Plaza (1800 & 1840 Century Park East) we installed a rooftop gym, tennis court and basketball court, built locker rooms and showers, added a dog park and a large outdoor community spaces – one on the roof and one on the ground level and are offering free bike usage and free shuttle van usage. Through the addition of these amenities we were successful in attracting IPG Group to The Plaza, a 150,000 square-foot advertising company that relocated from West Hollywood.  The relocation of IPG has paved the way for other creative tenants, and we’re now seeing more interest and activity from that user base.

What are the drivers of the Century City office market, and the fundamentals compared with other L.A. office markets?

As a central business district you have a great diversity of users – from finance powerhouses like JP Morgan and Goldman Sachs to entertainment users like ICM and CAA along with a large national and regional law firm presence.  Now, with a growing a creative user base, as indicated by our latest Global Markets Research Report, Century City has become a highly desirable location for professional service providers and creative companies alike.

10350 Santa Monica Blvd

10350 Santa Monica Blvd offers businesses 9,781 square feet for lease in Los Angeles, This property is ideal for small businesses searching for great space.

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10100 Santa Monica Blvd

10100 Santa Monica Blvd offers tenants 38,279 square feet for lease in Los Angeles, This listing is ideal for small businesses searching for high quality space.

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10277 W Olympic Blvd

10277 W Olympic Blvd gives businesses 14,156 square feet for rent in Los Angeles, This available office listing is perfect for small businesses searching for great space.

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10250 Constellation Blvd – Constellation Place

10250 Constellation Blvd – Constellation Place provides businesses 130,130 square feet for rent in Los Angeles, This property is great for small businesses searching for high quality space.

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2080 Century Park E – Century City Medical Bldg – Century City Medical Plza

2080 Century Park E – Century City Medical Bldg – Century City Medical Plza offers tenants 16,064 square feet for rent in Los Angeles, This property is ideal for small businesses seeking for great space.

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2049 Century Park E – Century Plaza Towers South – Century Park

2049 Century Park E – Century Plaza Towers South – Century Park gives tenants 167,355 square feet for lease in Los Angeles, This listing is perfect for small businesses seeking for high quality space.

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2029 Century Park E – Century Plaza Towers North – Century Park

2029 Century Park E – Century Plaza Towers North – Century Park offers companies 232,405 square feet for rent in Los Angeles, This listing is perfect for small businesses seeking for great space.

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1925 Century Park E – South Tower – Watt Plaza

1925 Century Park E – South Tower – Watt Plaza offers tenants 82,798 square feet for lease in Los Angeles, This available office listing is great for small businesses searching for high-end space.

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1888 Century Park E – Eighteen Eighty Eight Bldg

1888 Century Park E – Eighteen Eighty Eight Bldg gives companies 59,757 square feet for rent in Los Angeles, This available office listing is perfect for small businesses searching for high quality space.

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1801 Century Park E – CENTURY CITY INDIVIDUAL OFFICES FOR SUBLEAS

1801 Century Park E – CENTURY CITY INDIVIDUAL OFFICES FOR SUBLEAS gives tenants 49,252 square feet for rent in Los Angeles, This property is perfect for small businesses seeking for great space.

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1800 Century Park E – The Plaza – Century Park Center

1800 Century Park E – The Plaza – Century Park Center gives businesses 66,404 square feet for lease in Los Angeles, This listing is ideal for small businesses seeking for high-end space.

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1880 Century Park E – Century Park

1880 Century Park E – Century Park provides companies 15,904 square feet for lease in Los Angeles, This property is ideal for small businesses seeking for great space.

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2121 Avenue of the Stars – Fox Plaza

2121 Avenue of the Stars – Fox Plaza gives companies 15,029 square feet for rent in Los Angeles, This property is perfect for small businesses searching for high-end space.

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1999 Avenue of the Stars – SunAmerica Center

1999 Avenue of the Stars – SunAmerica Center provides companies 152,834 square feet for lease in Los Angeles, This property is ideal for small businesses searching for high-end space.

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1901 Avenue of the Stars

1901 Avenue of the Stars gives companies 54,977 square feet for rent in Los Angeles, This property is perfect for small businesses searching for great space.

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1900 Avenue Of The Stars

1900 Avenue Of The Stars gives businesses 69,242 square feet for rent in Los Angeles, This listing is perfect for small businesses searching for high-end space.

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1800 Avenue of the Stars – Gateway East Bldg

1800 Avenue of the Stars – Gateway East Bldg offers businesses 6,091 square feet for rent in Los Angeles, This property is great for small businesses seeking for great space.

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1875 Century Park East

Beautiful and nicely done Prime Century City Office space. Glass conference room with beautiful 12th floor views. 3 window offices, one supersized interior office and multiple reception cubicles. Must See! can show anytime with short notice. not a problem.

Location Description
Watt Plaza in prime century city space! 1875 Century park east la ca 90067

2080 Century Park East

Exquisite Turn-Key Dental Office with Spectacular Views / Leaseholds Offered at $310,000 Primary Contact CalBRE: 01465757 / Secondary Contact CalBRE: 00676486 / Company CalBRE: 01132455

Location Description
Century Park East & Olympic Boulevard

10250 Constellation Boulevard

Designed by Johnson Fain Partners, Constellation Place is the crown jewel high-rise office building in Century City. This Class A project comprises 796,126 rentable square feet with views from Downtown Los Angeles to the Pacific Ocean.

Location Description
Constellation Place is across the street from the Westfield Century City shopping center and cinema, and walking distance to elegant hotels, luxury apartments and condominiums.

For more information about 10250 Constellation Boulevard contact Century City Office Space today. Our Century City office space agents will provide detailed reports for this property and other area office listings.

About Century City Office Space

With more than two decades of commercial real estate experience in Los Angeles and Century City, our firm has provided high quality commercial real estate services to clients ranging from Fortune 500 companies to 5-person startups. Whether you need space for a major law firm or growing medical practice, we’ll provide every available option in Century City and West LA all at no cost to you.

801 Century Park East,

” Floor to Ceiling Glass ” Unobstructed Views of Santa Monica Mountains and Los Angeles County Club ” Walking Distance to an Array of Restaurants, Shopping, and Movie Theaters

Location Description
” Easy Access to the 405 and 10 Freeways

For more information about 801 Century Park East contact Century City Office Space today. Our Century City office space agents will provide detailed reports for this property and other area office listings.

About Century City Office Space

With more than two decades of commercial real estate experience in Los Angeles and Century City, our firm has provided high quality commercial real estate services to clients ranging from Fortune 500 companies to 5-person startups. Whether you need space for a major law firm or growing medical practice, we’ll provide every available option in Century City and West LA all at no cost to you.