Glendale Office Space for Lease
Glendale, CA is in Los Angeles County and contains a residential population of around 200,000, making it the fourth-largest city in Los Angeles county. Glendale office space is perfect for those looking to participate in a bustling and growing neighborhood.
Set in the Verdugo Mountains, this suburb is a part of the Los Angeles metropolitan area, bordered to the northwest by Sun Valley and Tujunga, La Cañada Flintridge and La Crescenta to the northeast, Burbank and Griffith Park to the west, Eagle Rock and Pasadena to the east, and Atwater Village to the south. Opting for a small office space for rent in Glendale puts you right in the heart of some of LA’s most prominent neighborhoods.
Residents of Glendale love its various amenities, ranging from the Americana at Brand, Glendale Galleria, and, of course, all of Downtown Glendale. Proximity to Warner Bros. and Universal Studios is a plus. Griffith Park, the LA Zoo and Botanical Gardens, Griffith Observatory, the Hollywood Sign, and the Greek Theatre are all terrific tourist attractions and highlights even for locals.
Glendale, CA, Office Space — Lease Data & Trends
Glendale, CA, is part of Los Angeles’ Tri-Cities submarket. During Q3 2021, the total inventory in square footage totaled 21,383,394 with 1,019,000 SF under construction, whether new buildings or old spaces in rework.
Glendale itself makes up a substantial portion of total inventory (6,300,874 square feet) with a total vacancy rate of 20%, leading many new businesses to sublease office space in the area. Likewise, the average asking rent in Glendale amounts to $3.17 per square foot, making Glendale commercial space for rent the cheapest in the Tri-Cities submarket (which averages $3.39 per square foot).
Some significant developments for the Tri-City submarket include Xenecor’s new lease at 465 N. Halstead Street in Pasadena (129,543 square feet). The company, known for its technological innovations in the medical field, has created new waves in the post-2020 leasing resurgence in the area, with many other companies following suit.
Content creation drives a lot of this new leasing activity, as demand has expanded from traditional entertainment (television, movies, etc.) to gaming companies that are increasingly taking over new space. Industry leaders like Activision and Naughty Dog renewed new space at the Pen Factory and Water Garden, respectively.
What Our Brokers Say About Glendale, CA, Office Space
Part of Los Angeles’ Tri-Cities market, Glendale places you near Burbank, Pasadena, Eagle Rock, and Atwater Village, among other prominent LA hotspots. The area is consistently sought after by tech companies, startups, and entrepreneurs looking for contemporary Class-A executive suites and high-tech shared office space. This bustling, hip city places you just 8 to 10 miles from downtown LA, making it one of California’s top real estate markets.
Those looking for business space for lease and commercial space for rent will find that the city strives to create a supportive environment for the growth and development of new business. Small, medium and large companies dot the boulevard and neighborhoods. Perhaps the largest draw to Glendale is its proximity to California’s larger culture and business centers.
Top Commercial Buildings in Glendale, CA
1800 South Brand Blvd: Built in 1925, this 55,000 square foot general office has multiple unique office spaces available ranging from 1,090 square feet to 4,000 square feet, making this the ideal business space for lease for both larger and smaller businesses. Located at the southern tip of Glendale, this building boasts a beautiful, modern façade. Inside, it features exposed industrial ceilings, exposed original brick walls, polished concrete and wood floors, operable windows, and fiber internet across all offices.
330 North Brand Blvd: This six-story building gives off a professional air just from its appearance from the outside. At $37.8 to $42 per square foot per year, this Class-A Glendale office space comes at a reasonable price. Additionally, it comes with 949 parking spaces and places you in the heart of Downtown, making it a great coworking space for those who like to hit happy hour when they get off.
1500 South Central Ave: NexCore Group and its capital partner Heitman LLC, which has extensive experience managing physician office spaces, acquired this building known as the Glendale Memorial Medical Building in 2013. Multiple medical offices are available for rent from 1,395 square feet to 1,712 square feet.
Why Rent Office Space in Los Angeles’ Glendale?
Situated next to I-5 with access to Glendale Boulevard, this neighborhood positions residents and workers in a convenient location to travel to Downtown LA, easily commute to work, and explore all the lovely LA neighborhoods surrounding Glendale.
Glendale gains its reputation primarily due to Brand Boulevard, a famous stretch packed with various retailers. One of the most notable is The Americana at Brand, a large outdoor shopping mall brought to the city by the same developer who worked on LA’s famous “The Grove” shopping center.
Visit an array of cafes, shops, and cultural centers such as the Museum of Neon Art. Home to one of America’s largest Armenian-American populations, Glendale offers plenty of Middle Eastern food (whether you’re looking for fine dining or bakeries).
Nearby Neighborhoods to Set Up Office Space
Downtown LA: If you wish to be in the heart of the action, Downtown LA is your best bet. Whether you find office space in the lovely Bunker Hill, the fast-paced business district, or within captivating mainstays like Chinatown, there is plenty of diversity in the population and the office spaces available for rent.
Atwater Village: Adopting a small-town feel, Atwater boasts beautiful neighborhoods with tree-lined streets. Just a few miles from Downtown, Hollywood, and other CA mainstays, Atwater is a great, walkable place for a quiet office. It’s away from all the hustle some other neighborhoods are known for.
Eagle Rock: Home to Occidental College and just east of Glendale, this neighborhood is marked by its air of counterculture. With diverse demographics, this town distinguishes itself from other parts of LA and begs to be noticed. The pleasant neighborhoods and great restaurants, events, and local amenities make commercial real estate in this neighborhood a fantastic alternative to Glendale office space.
Reach out to our team at SquareFoot for help exploring office space available for lease in Glendale, CA.