Discover Office Space for Rent in Santa Monica, CA

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Available Office Spaces for Lease in Santa Monica, CA

Quick Stats for Santa Monica Office Property

There are currently 104 office spaces and properties available for lease or rent in Santa Monica, California.

According to NGKF office market report, Santa Monica has:

  • About 8.9 million square feet total existing inventory
  • 1.3 million square feet or available for lease
  • Vacancy rate of 14.4%

Office space for rent in Santa Monica is on average $5.91 per square foot. Higher rental rates of $6.18/SqFt are seen in Class A buildings in this market while Class B building rents are around $5.50 per SF. Tenants who look to rent office space in Santa Monica also consider Venice Beach, Culver City, El Segundo, Playa Vista, Marina Del Rey, West Los Angeles, and Downtown Los Angeles.

Search Santa Monica 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.

Property Type

Location

Property Details

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FEATURED PROPERTIES

1351-1353 Third Street Promenade, Santa Monica, CA 90401
1 Listing Available
Size:
  18,113 SF
Uses:
  Office

1729 21st St, Santa Monica, CA 90404
1 Listing Available
Size:
  5,350 SF
Uses:
  Office

100 Wilshire Blvd, Santa Monica, CA
1 Listing Available
Size:
  1,764 SF
Uses:
  Office

2001 Wilshire Blvd, Santa Monica, CA 90403
1 Listing Available
Size:
  4,405 SF
Uses:
  Office

2842-2912 Colorado Ave, Santa Monica, CA 90404
9 Listings Available
Size:
  560 – 2,200 SF
Uses:
  Industrial, Office, Warehouse

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Overview of Santa Monica, CA Office Space Rental Market

Santa Monica Office Space and Property Rental Market

The Santa Monica office rental market is one of the most popular desired markets for technology startups, venture capitalists, creative, and media industries. There is currently 8,976,166 square feet of office space and properties with 1,292,567 sqft available for lease. The vacancy rate is 14.4% as of 1st quarter, 2019. The average lease rate per square foot for office space is $5.91/SF. The amount of office space gobbled up by tenants in Q1 was 65,634 sqft — according to NGKF. Other areas to find office space in Silicon Beach are in Venice Beach, Culver City, El Segundo, Playa Vista, Marina Del Rey, West Los Angeles, and Downtown Los Angeles.

New Office Property for Rent Under Construction in Santa Monica

As of Q1, 2019 there is ZERO (0) square feet of office space under construction. Other areas near Santa Monica with new construction are Culver City, Hollywood, Marina Del Rey, Venice, Playa Vista, and West Hollywood. Total construction of Office Space under construction in the LA office market is 2.8 million square feet. Since there are no new office space under construction in Santa Monica, businesses should consider these other areas, as some of them are even more affordable.

Santa Monica Large Office Transactions in 2019

Santa Monica’s rent activity has been strong the first quarter of this year. WeWork leased 112,000 square feet of office space off 3000 W. Olympic Blvd in Santa Monica. WeWork has received $10 billion in financing from Softbank Vision Fund. Other large leasing transactions in the LA office space market include Google leasing 584,000 SF near the Westside, Lereta LLC leasing 99,365 SF in the Eastern San Gabriel Valley, Service Titan leasing 80,000 square feet in Glendale and WeWork leasing another 78,000 sqft in Downtown Los Angeles.