Los Angeles, CA office market
Office space in Beverly Hills.
Beverly Hills office inventory is ~7 million square feet, concentrated in the Triangle (Wilshire to Santa Monica Blvd, Doheny to Crescent) and along Wilshire Boulevard west of Doheny. Class A asking rents run $70–$95/SF (FSG); trophy buildings (9171 Wilshire, 9255 Sunset, 433 N Camden) trade at $85–$115/SF. Inventory is overwhelmingly mid-rise (10–20 stories) with smaller floor plates than Century City.
Beverly Hills is the boutique cousin of Century City. Same broad tenant mix (entertainment, law, finance, wealth management, family offices) but in smaller, older buildings with the prestige-address premium. Floor plates run 10,000–20,000 SF, ideal for boutique law firms (50–100 attorneys) and asset managers / family offices that don't need scale.
The submarket is structurally rent-resilient because supply growth has been near zero — Beverly Hills' zoning makes new office construction effectively impossible. The result is a tight inventory (vacancy in the low double digits even post-COVID) and rents that move with tenant demand, not new-supply pressure. Trophy buildings on the Wilshire corridor have full waitlists for available floors.
Tenants choosing between Beverly Hills and Century City typically split on size and culture. Under 15,000 SF: Beverly Hills usually wins on prestige and walkability (Beverly Hills has a real walkable district; Century City is suburban office park). Over 25,000 SF: Century City wins on continuous floor plates and amenity stack.
Market snapshot
By the numbers
- Inventory
- ~7M SF
- Class A asking rent
- $70–$95/SF (FSG)
- Trophy asking rent
- $85–$115/SF (FSG)
- Availability rate
- 10–13%
- Typical free rent
- 6–10 months on 7–10yr lease
- Typical TI allowance
- $90–$130/SF
Deals tracked
-
Avg rent
-/SF
Avg TI
-/SF
Median deal
-K SF
Notable buildings
- 9171 Wilshire (Beverly Wilshire)
- 9255 Sunset Blvd
- 433 N Camden
- 9100 Wilshire
- 100 N Crescent (William Morris HQ)
Broker perspective
Beverly Hills landlords are some of the most disciplined on rent in any U.S. market. They almost never break headline asking rates because the next tenant is willing to pay them. Concessions come through TI ($90–$130/SF) and shorter terms (5-year deals are negotiable here in a way they aren't in NYC), not face rent reductions. Don't waste leverage trying to grind down the asking rent — redirect it to TI and operating expense caps.
Frequently asked
People also ask
Is Beverly Hills cheaper than Century City?
Slightly. Beverly Hills Class A averages $70–$95/SF vs. Century City at $75–$100/SF. The difference is small enough that the choice usually comes down to size, building style, and walkability — not pure economics.
What kinds of tenants lease in Beverly Hills?
Boutique law firms, family offices, asset managers, entertainment talent reps, real estate investment firms, plastic surgery and luxury medical, and a thin layer of tech (mostly entertainment-tech crossovers). The defining commonality is preference for prestige address over cost optimization.
Can large tenants find space in Beverly Hills?
30,000+ SF continuous space is rare. Most Beverly Hills buildings deliver 10,000–20,000 SF floors. Tenants needing scale typically look across Santa Monica Blvd to Century City or further west to Westwood / Brentwood.
What's parking like?
Generally good — most Class A buildings include 3–4 stalls per 1,000 SF as standard, plus visitor parking. The challenge is street parking for guests, which Beverly Hills regulates aggressively. Confirm visitor parking allocation in the LOI.
Related submarkets
Century City
Century City is LA's premier Westside Class A office submarket — trophy towers, talent agencies, and Big Law, with the highest sustained rents of any LA submarket post-COVID.
Santa Monica
Santa Monica is LA's tech-creative beachfront submarket — lower-rise creative office stock, ocean access, the Silicon Beach core anchor.
Related terms
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