Century City is one of LA’s most powerful economic centers despite its relative youth. It’s a city that only grows in significance as companies continue to flock to its commercial space thanks to a robust economy, a wide variety of amenities, and central location. Century City is one of West LA’s crown jewels who’s importance to the regional economy will only expand in the coming years.
The TenantBase team of local commercial real estate advisors has the expertise to guide your search for new office space in this prestigious LA submarket. Our insights and extensive experience can help you locate space in Century City that serves your company’s specific needs well into the future.
Office Space in Century City
Century City isn’t as large as Downtown LA but still wields a significant amount of power within Los Angeles’ economy. Several notable corporations either have headquarters or a considerable footprint in the city as well as many professional firms, entertainment agencies, architects, and contractors. Fox Studios used to own all the land that is now Century City and still has a large presence within its borders. Office complexes are both new and exclusive where nearly all of its traditional office space is Class A with a growing inventory of co-working options as well. Industrial and lower-class space is almost nonexistent.
Businesses will find a variety of space sizes with larger firms occupying multi-floor offices in high-rise complexes with large floor plates. Century City also has a significant inventory of smaller offices where sizes across the city average 1,510 sq ft at rents of $68 sq ft/yr. On-site parking is tight and expensive for both employees and visitors but more affordable options exist for those that don't mind parking off-site. This is particularly important for companies with frequent visitors as part of their day-to-day operations.
Working in Century City
The congestion throughout LA's Westside impacts the daily commute for the Century City workforce. A growing number of employees now use alternative commuting options including the area’s several public bus routes as well as the many dedicated bike lanes in the city's busiest streets.
Century City's many local amenities are an influential draw for talent into local businesses. The Westfield Century City Mall just completed a major renovation and serves as one of the area’s main attractions as a premier shopping center anchored by several large department stores and numerous other retailers. Beverly Hills and its famous Rodeo Drive are just a few minutes away and give employees access to some of the most exclusive retail brands in the world.
Employees also have a variety of dining options to choose from including everything from gourmet restaurants to small bistros and bakeries for a quick bite. Between its unique amenities, significant green space, museums, and art exhibits, Century City has much to offer companies and employees alike. The TenantBase team has the experience and perspective needed to guide your search for office space in this exclusive LA submarket and transform a Century City address into a powerful asset for your organization.