Discover Office Space for Rent in El Segundo, CA

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Available Office Space for Lease in El Segundo

Quick Stats for El Segundo Office Property

There is currently 19 office space and properties available for lease or rent in El Segundo, California.

According to NGKF office market report, El Segundo has:

  • About 12 million square feet of office inventory
  • 130,689 square feet negative absorption
  • Vacancy rate is 13.8%

Office space for rent in El Segundo can range from on average $3.83 to $4.04 per square feet – this can vary if you’re leasing Class A, B, or C office property. Other popular areas to rent commercial office in Los Angeles are LAX, Santa Monica, Culver City, Century City, and Torrance.

Search El Segundo office rental listings below for free and find commercial space to lease. This includes small office space, Coworking Space, Executive Suites, Shared Space, Creative Space, Creative Office Space, Condos, Office Buildings, Class A, Class B, Class C, and subleases.

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Overview of El Segundo, CA Office Space Rental Market

El Segundo Office Space and Property Rental Market

El Segundo, CA is a city located in South Bay LA, close to Manhattan Beach, Hawthorne, Playa Del Rey, Westchester, and Inglewood. The office rental market in El Segundo, as well as beach cities nearby, include a total 12,069,156 square feet with a vacancy rate of 13.8% as of Q1 2019. This means for every 100 office properties, there are 13 available for rent. The office space market in South Bay has been highly active with tenants searching for commercial office, which has raised average lease rates in El Segundo to $3.83 per square feet to $4.04 per square feet – this depends if you’re looking for Class A, B, or C space.

New Office Property for Rent Under Construction in El Segundo

Office availability is continuing to develop for tenants and buyers who are in the market, and Los Angeles County has projected to build a total of 2.8 million square feet of office. Most of these constructions are located in Downtown, West LA, San Fernando Valley, as well as Tri-Cities. There are no new office projects in El Segundo. Cities nearby with commercial space under construction are in Playa Vista, Marina Del Rey/Venice, and Culver City.

El Segundo Large Office Transactions in 2019

Los Angeles is one of the most popular office markets, and has a strong demand from many industries such as technology, media, venture captial, creative, and finance field. As of Q1 2019, there were no large office transactions reported in El Segundo. A few key transactions nearby were Google (leased a 584K sqft building at 10730 W Pico Boulevard), HBO (leased a 241K sqft property in Culver City), and WeWork (leased a 112K sqft buidling in Santa Monica and 80K sqft in Los Angeles).