The newest municipality in the South Bay submarket of Los Angeles, Carson, CA, measures 19 square miles and features notable tenants in the tech
and healthcare industries. Carson, CA, is still a new neighborhood, so it is expanding rapidly as more people flock to the comfortable suburban area. Carson is a great place for both established and new businesses to set up shop, thanks to its business-friendly atmosphere. If you require office space for rent in Carson, CA, let us help you search for a suitable space. Carson is part of the broader Los Angeles property market,
which has seen significant growth in the past financial quarter. Although unemployment in the county is still relatively high due to COVID-19, jobs were up 7.6% from last year, and the county has gained 30,000 jobs each month for the past four months. LA currently has an office inventory size of over 200 million square feet and increased by two million last year. Over the past year, leasing activity was 6.9 million square feet, most of this activity occurring in the
West LA area. The current quarter’s single largest real estate transaction was a 145,000 square foot deal with Snap Inc. as part of their expansion into the Santa Monica business park.Carson, CA Office Space for Lease
Carson Office Space – Lease Data & Trends
Carson is located in the South Bay, whose commercial rents are on the higher end of commercial rents across the Greater LA area, indicating a high demand for land and office space. In Q3 of 2021, average asking rents in the South Bay hovered around $3.30 per square foot per month. Office space for lease in Carson, CA, goes quickly as the neighborhood is still relatively new and is solidifying its economic base.
What Our Brokers Say about Carson, CA Office Space
The prognosis for Carson’s commercial real estate market is optimistic. Despite general declines from the pandemic, property values and rental prices are increasing rapidly as more companies return to in-person work schedules. Carson has a very friendly business climate with low property taxes and large development sites available, so it has been experiencing rapid growth since pre-pandemic times.
The LA property market is historically very strong and has experienced a handful of major transactions in the past quarter, including deals from Snap Inc., Hulu, PlayStation, and Skadden. Our brokers predict that the demand for office space for rent in Carson, CA, will continue to grow into 2022 and beyond.
Top Commercial Buildings in and around Carson
1 Civic Plaza Drive: This 41-story building features over 125,000 square feet of leasable office space in Carson, CA. The building stands adjacent to a Hilton Hotel, so it gets plenty of guests from all over the world who have just flown into LAX airport. The planned building also features a large parking structure for 500 cars.
19191 South Vermont Ave: Located just a few minutes from the nearby Del Amo mall, this planned office building features full-time security as well as a deli and gift shop on-site. With over 237,000 square feet of leasable space, tenants also get on-site property management.
1515 West 190th Street: The South Bay Center sits right off the 405 and 110 freeway access and features a beautiful modern design and architecture. The open landscape and courtyard have ample seating space, and there is also an on-site general store and deli.
Get to Know Carson
The newest municipality in the South Bay area of Los Angeles, Carson was first incorporated in 1968. Today, Carson is an economically developed neighborhood and an incredibly business-friendly area thanks to the low license fees, lack of utility-user taxes, competitive pricing for land and commercial space, and affordable housing. Compared to the rest of the state, Carson has some of the lowest property development and planning costs. As such, it is an excellent place for both established businesses and new startups.
Carson used to be home to Nissan’s North American headquarters and is home to several businesses in the manufacturing, food, and entertainment sectors. Carson is also a hotspot for the arts and culture, and it is home to LA Galaxy Stadium. Overall, Carson is a wonderful place for businesses in all industries to set up shop.
Why Rent Office Space in Carson?
Carson office space for lease is in high demand. Rental prices in the region have increased in the past year, indicating a high demand for commercial space. Moreover, Carson, CA, offers a suburban feel and is close enough to the bustling urban environment of downtown LA but also far enough away that you can get away from the loud noises of the city.
Nearby Neighborhoods to Set up Office Space
Century City: Century City is situated in the heart of West LA and is a central hub for entertainment, retail, media, and more. Century City is currently sitting on nearly three million square feet of development projects throughout the following year, and several tech companies have a significant presence in the area, such as Google, Yahoo!, Facebook, YouTube, and Electronic Arts.
Westchester: Westchester sits just west of Carson and east of Playa City. Westchester is home to the Los Angeles International airport, so the area is a hotspot for foreign commerce and businesses. Westchester is also just a stone’s throw away from downtown LA and sits close to beautiful beaches. Major companies with a presence in Westchester include Google, Apple, Amgen, and NBCUniversal.
Inglewood: Nicknamed the “City of Champions,” Inglewood, CA, is an independent neighborhood nestled next to Hawthorne and LA proper. One of the most prominent economic players in the region is professional sports. Inglewood is home to both the LA Rams and the LA Chargers and is currently overseeing new commercial construction projects.
If you would like to learn more, contact our team at SquareFoot. We would love to talk to you about options for office space for rent in Carson, CA.