San Fernando Valley Industrial and Office Q2 Market Reports

Industrial

Activity Is Light As Inventory Remains Extremely Constrained

Lack of spaces suited for today's manufacturing and warehousing needs has resulted in vacancies below 5%. Rates have modest increases by $.01 to $.61 per square foot per average quarter. Of 33 industrial buildings that sold the median price was $116 per square foot, up 13% from Q1.

Q2 2013 San Fernando Valley Industrial Market Report (Click Link For Report)

Office

Leasing Activity Weakens But Low Interest Rates Push Sales Velocity

Office spaces remain sluggish in Q2 with no significant changes from Q1. Vacany rates relatively unchanged at 17%, but better by .08% a year ago. Leasing activity are companies trading spaces in the area. Rent are up about $.03 from a year ago. There were 18 offices sales this quarter with a median sales price of $183 per square foot.

Q2 2013 San Fernando Valley Office Market Report (Clink Link For Report)

Q4 2012 San Fernando Valley Office Market Report

Q4 2012 San Fernando Valley Office Market Report (Click Here)

Space Planning. How Much Space Do I Really Need?

When it comes time to rent office space, there is a logical calculation to determine how much space you really need. You might use this method if you did not have a professional space planner and architect analyzing the efficiency of office space on your behalf.

You have Offices, Work Stations, Clerical, Secretarial, Meeting Room, Facilities, Service Areas, Etc.  Each item above has a particular size range. You tally up how many of each item you need, then multiply the quantity with each size, add the Circualtion Factor (the amount of space used for circulation paths within your space), approximately 20%, then add the Load Factor (your percentage of shared common area space in the entire building) approximately 12%-25% and you have your Rentable Square Footage.

Rentable square foot is the Usable square foot plus Load Factor. Also to note, Rentable Square Footage is the amount of space you are charged for on a per square foot basis.

Generally speaking, higher density offices will be approximately 175 square feet per employee while lower density offices will be approximately 325 square feet per employee after all said and done.

Make sure you plan for 3-5 years of growth in advance and allow for some flexibility in your space for the future.

To use the space calculator, click on link below.

Office Space Calculator

San Fernando Valley 3rd Quarter Office and Industrial Market Report

All-around improvements show stability, but growht still elusive

Office - Full Report

Market sees little change as leasing remains constant

Industrial - Full Report

Woodcourt - Woodland Hills Professional Office, Medical and Retail Space for Lease

Woodcourt, located in Woodland Hills, centrally located and just south of the 101 freeway, between De Soto Ave. and Winnetka Ave. at 20251-20315 Ventura Blvd.  The area is within close proximity to plenty of services, restaurants and all major transportation corridors with public transportation at its doorstep. 

Woodcourt offers a creative mix of Professional Office, Medical, and Retail space with Ventura Blvd frontage and monumental signage available.

Here at Woodcourt, there is a variety of efficient spaces and layouts and with the ability to create your ideal space whether it be an affordable, or flexible space for a growing start-up company, a professional office setting with abundant window line or a doctor’s office built to suite with all the high end touches.

Woodcourt’s lush landscaping and calming water features are unique elements that gives Woodcourt the sophisticated elegance yet casual environment that fuses professional office space with it’s open and flowing design.

Woodcourt offers newly built-out and ready to move in office spaces.  Generous Tenant Improvement Allowances are available for creating those one-off designs for your company or business specific needs.  In addition, some of the suites also feature a conference room, open bullpen area, kitchen, server & telephone room, private restrooms and reception area.  

Abundant surface and covered parking is available. Free Visitor Parking makes way for convenience and ease of access for guests. 

The lush and tranquil like setting is a unique feature to the professional offices and prominent Ventura Blvd address only found here at Woodcourt. 

Woodland Hills Class A Office For Lease - Warner Premier Tour

 Warner Premier is a Class A professional office building is centrally located in the Warner Center and the city of Woodland Hills. This prime Warner Center location has great visibility and convenient access to the (101) Ventura Freeway.
The address is 5550 Topanga Canyon, Woodland Hills and is located on the signalized corner of Burbank Boulevard and Topanga Canyon Boulevard. This location also benefits from the State Enterprise Zone. The property features highly efficient floor plates, abundant window lines and state of the art security and HVAC system. Warner Premier is parked 3.5:1,000 and offers both reserved and covered parking.
For more information and availability of space for lease, please contact Eric Nishimoto at the Calabasas Lee & Associates 818-223-4388

San Fernando Valley Commerical Real Estate Brokerage Firms 2010 Ranking - Top of List Ranks Lee & Associates LA North/Ventura, Inc.

The San Fernando Valley Business Journal rankes top Real Estate Brokerage Firms for 2010. Lee & Associates - LA North/Ventura, Inc. rises in the rankings to the #2 spot in Total Value of Deals and ranks #1 in Value of Sales in 2010. Our offices are located in Sherman Oaks, Calabasas and Oxnard.

Klorman Business Center Office for Lease 23047 Ventura Blvd, Woodland Hills

The Klorman Business Center located within the west San Fernando Valley in the city of Woodland Hills on Ventura Boulevard. This newly remodeled office building was built with quality construction and beautifully upgraded common areas. The move-in ready new office suites have abundant window line and high end office amminities. Tenants have 24/7 access to the property and state of the art security systems.

28720 Roadside Dr, Agoura Hills "Shamrock Plaza Office" The Name

Shamrock Plaza is located in the heart of Agoura Hills situated just off the 101 Ventura Freeway between Kanan Road and Las Virgenes Road exits. 

Shamrock Holdings Inc. was the firm founded by Roy E Disney, a family investment firm. The Disney family still remains the major shareholder of this firm.  Shamrock Holdings Inc. owns a variety of assets including radio, television stations and a number of real estate assets.

In 1985, Shamrock Holdings Inc., began construction of the Shamrock Plaza. Hence the name.