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Los Angeles Offices
Attempting to lease office space in Los Angeles is often times an easy task for many businesses such as marketing firms, lawyers, ad agencies, and investment advisors. However, finding the best commercial office that fits the needs of your company is usually a very time consuming and inefficient process. Because of this, any business looking to lease Los Angeles office space should always start their search with Officespaceheaven.com. Los Angeles is the second largest city in the United States and has a bolstering population of around 3.8 million and is the largest city in the state of California. The city spans over 498 square miles and is anchored to the world’s 13th largest metropolitan area. The greater metropolitan area houses upwards of 17.7 million people spread out over much of the coastal parts of southern California. The city was founded in 1781 by Spanish settlers and has a deep Latino heritage that predates the Mexican-American war. Often referred to as the City of Angels, this city is a large center in the world of business, international trade, entertainment, culture, media, fashion, science, technology and eve education. Areas in the greater Los Angeles area that we service are Encino, Fullerton, Gardena, Glendale, Marina Del Rey and Hawaiian Gardens. We also provide office space in Orange County, San Diego, Phoenix and Las Vegas.
Office Space Pricing
There are many different business opportunities in the greater Los Angeles area. From office space to commercial real estate developments and beyond, the area has a lot of options for those looking to build, grow or start a business. There are several districts that have warehouse spaces, retail spaces and much more to take advantage of in terms of business. Office space starts at around $1.55 a square foot for 2,000 square feet and beyond. Leasing space in an executive suite is much cheaper, about $500 per month for a one person space. Rental rates vary depending the floorplan, building size and exact location. Los Angeles office space comes in many forms such as executive suites, temporary offices and full furnished executive suites. The office vacancy rate in the area has been around 12%, but has dropped from upwards of 20% in the past. Because of the ‘renter’s market’, tenants are encouraged to negotiate lease agreements and prices prior to move in. Lease Los Angeles office space now and take advantage of this great negotiating power. For more information, see our office space articles.
Los Angeles Employment
The economy of Los Angeles is driven by international trade, technology, petroleum, fashion, retail, apparel and tourism but houses vocation opportunities for just about any career path imaginable. Major companies that call the area home include U.S. Bancorp, Ernst & Young, Aon, Manulife Financial, City National Bank, Wells Fargo, Bank of America, Deloitte, KPMG and the Union Bank of California among several other companies. The area receives a large amount of financial stability from the entertainment industry. Hollywood is a major center of both tourism and production and has millions flocking to the area to pursue their dreams. Even though there are a lot of different industries, the unemployment rate in the greater Los Angeles area has been rising and has recently hit 11.2%. It has dipped slightly but has definitely felt the sting of the national recession. Because of the large workforce available for employers, now is a great time to lease Los Angeles Office Space. One of the largest airports in the world is none other than the Los Angeles International Airport, often referred to as LAX, it has a large scale opportunity for travelers coming to the area or catching another flight to anywhere in the world. Located off of highway 1, and near the 405 freeway, this centrally located airport has recently gone through major changes to help people find entertainment, dining and shopping while they wait to board their plane. It has been a growing trend amongst larger airports to help people stay calm and be free while in the airport and LAX is no different. The crime rate of the greater Los Angeles area ranges from hub to hub and varies. There are many different suburban areas that are relatively safe while there are some areas that are high in violent crime, grand theft auto and much more. The crime rate has dropped in recent years due in large part to a concentrated effort from the Police force to weather the storm that was created in the 90’s due in large part to high profile court cases that produced riots and so much more in the area. Visit our webpage dedicated to office space in Los Angeles and take advantage of our real estate expertise. Utilize our free service when trying to lease Los Angeles office space.