Westwood Office Space for Rent – Los Angeles, CA
Westwood, Los Angeles, is a bustling community in the north-central portion of Los Angeles’ Westside region. This commercial and residential LA neighborhood is home to the University of California Los Angeles (UCLA).
The Westwood neighborhood was built upon the historic Wolfskill Ranch, purchased in 1919 by a successful department store founder, Arthur Lett. Arthur’s son-in-law began to develop the area for residential and commercial use in 1922.
Today, Westwood is home to Wilshire Boulevard, a central area for condominiums and high-end commercial office towers.
Westwood Office Space – Lease Data & Trends
Despite yet another COVID variant, leasing activity in the Los Angeles area continued to recover in Q4 of 2021. In the last two years, with offices going remote and commercial spaces closing, a number of leases have been terminated, renegotiated, or sublet.
But in Q4, we saw a major recovery. Quarterly volumes for the Los Angeles area reached 76.8 percent of pre-pandemic rates in Q4. In Q4 of 2021, most of the larger leases signed in LA county were by technology companies and media tenants.
Leasing trends are looking positive, and development continues into 2022. Los Angeles County has a 67 percent vaccination rate, which adds to job growth and will help pave the way for a positive recovery of the Los Angeles office market.
What Our Brokers Say About Westwood Office Space
Westwood is an ideal space for an operating office or workspace. Its proximity to Santa Monica and the residential areas of Los Angeles County makes it perfect for commuters and beach-goers. Home to notable and historical architecture, Westwood is a safe and aesthetically Californian community perfect for commercial space, office space, or residential living.
Local coworking options include Industrious and Premier Workspaces, making it easy to find flexible office space for rent in Westwood.
Westwood is home to historic cinemas and museums like the Fox Village Theater and the Hammer Museum, to name a couple.
Top Commercial Buildings in Westwood, Los Angeles
1650 Westwood Boulevard: Commercial building offering office space near popular retail spaces and restaurants in Westwood.
11075 Santa Monica Boulevard: This six-floor building offers a large conference room for shared office space, efficient floorplans, and beautiful Los Angeles views from every office space.
10835 Santa Monica Boulevard: This Santa Monica Boulevard building has multiple executive office spaces available for lease. Varying suite sizes and floor options are available with flexible leasing opportunities.
10990 Wilshire Boulevard: Office space in this Westwood building provides Wilshire Boulevard’s beautiful views of Los Angeles landmarks, the Pacific ocean, and the Santa Monica Mountains.
Get to Know LA’s Westwood Neighborhood
The neighborhood was built as an architectural piece of history with carefully selected planning architects. The community was master-planned in the 1920s with a particular architectural style in mind.
Multiple buildings in Westwood are now identified as having historical significance. Such buildings as the Fox Bruin Theater and the Geffen Playhouse Theater are examples of iconic architectural structures in Westwood.
The Geffen Playhouse Theater was built in 1929 and was initially known as the Masonic Affiliates Club or the MAC. It was used for students and alumni of nearby UCLA. Famous architect Stiles O. Clements designed the theater.
Westwood is also home to beautiful parks and recreation centers. Holmby Park is a popular Westwood spot, giving the area’s diverse residents an outdoor oasis.
Why Rent Office Space in Westwood?
Office space for rent in the Westwood neighborhood of Los Angeles offers proximity to all of the significant landmarks, activities, and natural beauty of Los Angeles. Westwood is most known for being home to UCLA, but it is also a great LA option for creative office space outside of the high-traffic areas like Venice Beach or Downtown LA.
Westwood is an excellent option for shared office space due to its quiet Los Angeles location and proximity to UCLA. A business looking for graduates to recruit or interns is at a geographical benefit in Westwood.
Westwood is a commercial and residential area in the northern central area of West Los Angeles. The Westwood neighborhood offers many Class A office towers for lease.
Nearby Neighborhoods to Set Up Office Space
The following neighborhoods offer office space for rent near Westwood.
West Los Angeles: West Los Angeles is bounded by Wilshire Boulevard on the north and Exposition Boulevard on the south. West LA is home to many businesses of all sizes, including recording studios for music and television. With average to low asking prices for leasing space, West LA is a great Los Angeles option for office space.
Century City: As a prominent hub of television studios and sets, Century City is ideal for any entertainment or media office space. Century City is in high demand for office space and thus comes with high prices. Century City was developed on the backlot of the former 20th Century Fox movie studio.
Bel Air: Famous in the entertainment world, Bel Air is a high-price neighborhood in the Westside of LA. Bel Air offers world-class shopping, housing, dining, and office spaces. Bel Air is also home to tech giants like Yahoo!, AOL, and Google.
Brentwood: Brentwood is a neighborhood in Los Angeles County that began as a land grant from Mexico. Brentwood has since become a popular and upscale LA neighborhood offering beautiful views of the Santa Monica mountains. Office space in Brentwood is highly sought after. Brentwood is home to many professional accountants, lawyers, and medical firms.
Beverly Hills: The name Beverly Hills speaks for itself. As one of LA’s most affluent neighborhoods, Beverly Hills is an impressive option for a coworking space. Located in the West LA neighborhood, Beverly Hills office space is among the highest per-square-foot pricing in Los Angeles County.
If you are curious about Westwood office space or would like more information on LA office space, contact us today. Find a suitable space for your business by exploring your options with our intuitive online search.