Office Space in Downtown Los Angeles
Negotiating the Best Lease Terms on Your Behalf
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CA Broker License #02194547
Office Space for Lease in Downtown Los Angeles
Looking for office space in Downtown Los Angeles? Peninsula Commercial Real Estate Group represents office tenants throughout Los Angeles and Southern California and helps companies identify the best office opportunities while negotiating favorable lease terms, tenant improvement allowances, free rent, and long-term flexibility.
Downtown Los Angeles (“DTLA”) remains one of the largest office markets on the West Coast and offers a wide variety of office environments ranging from trophy Class A high-rises to creative loft offices and value-oriented traditional office space. DTLA continues to attract law firms, financial services firms, architecture firms, creative companies, government agencies, technology firms, and professional service firms seeking central access and competitive economics compared to Westside markets.
Best Office Submarkets in Downtown Los Angeles
Financial District
The Financial District is the core office market in Downtown Los Angeles and contains many of DTLA’s most recognizable Class A and trophy office towers. Buildings in this area offer premium amenities, skyline views, strong transit connectivity, and immediate access to hotels, restaurants, and entertainment venues. Many law firms, financial institutions, investment firms, and corporate headquarters are concentrated in this submarket.
South Park
South Park has become one of the fastest-growing neighborhoods in Downtown Los Angeles, fueled by residential development, entertainment venues, and hospitality projects surrounding Crypto.com Arena and LA Live. The area offers a mix of modern office towers, creative office space, and mixed-use developments that attract media, technology, entertainment, and creative tenants.
Arts District
The Arts District has emerged as one of the most desirable creative office submarkets in Los Angeles. Former warehouse and industrial buildings have been converted into highly sought-after creative office environments featuring exposed brick, open ceilings, collaborative layouts, and indoor-outdoor workspaces. The neighborhood is especially attractive to media, fashion, technology, architecture, and creative companies seeking unique office identity and branding opportunities.
Bunker Hill
Bunker Hill contains several institutional-quality office towers and government-oriented office environments with convenient freeway access and close proximity to courthouses, civic buildings, and cultural institutions. The submarket remains attractive to legal, consulting, and public-sector users.
Historic Core
The Historic Core offers boutique office and creative loft opportunities in some of Downtown Los Angeles’ most architecturally significant historic buildings. Many tenants are attracted to the character, comparatively lower occupancy costs, and adaptive reuse environments found throughout this submarket.
Here’s how we protect you in Downtown Los Angeles
- No Conflicts of Interest
We represent tenants only—never landlords—so every recommendation is aligned with your business, your economics, and your long-term strategy. - Stronger Negotiating Position
We leverage real-time market data, comparable transactions, and landlord insight to negotiate from a position of strength so you’re not leaving concessions or value on the table. - Lower Total Occupancy Costs
We look beyond base rent to structure the full deal: tenant improvement allowances, free rent, operating expenses, flexibility, and long-term financial impact. - No Cost to You
Tenant representation fees are typically paid by the landlord, allowing you to retain expert representation without additional out-of-pocket cost.
I started Peninsula Commercial Real Estate Group with a clear focus: to represent tenants with integrity, strategy, and a level of care that is often missing in this industry.
As a woman in this industry, I bring a perspective grounded in discipline, attention to detail, and a strong sense of accountability. I also deeply value working with a diverse range of clients and perspectives, which shapes how I approach every assignment.
That mindset carries through to how we represent our clients. We are detail-oriented, disciplined in our analysis, and fully committed to protecting your interests at every step.
My background also shapes this approach. I spent over 15 years at large commercial real estate firms, including Cushman & Wakefield and Grubb & Ellis, where I gained experience working on complex transactions and institutional-level deals. I also value the sense of community, collaboration, and giving back that was instilled in me through USC—something that continues to influence how I build relationships and support my clients.
Today, I bring that institutional experience into a more boutique, hands-on approach—providing thoughtful, strategic guidance with a high level of personal attention.
Corina Irvin – CEO, Peninsula Commercial Real Estate Group
How Much Space Do You Need?
Determining the right amount of office space depends on your company’s operational needs, staffing levels, work style, and future growth plans.
Important factors to consider include:
- Number of employees
- Hybrid vs. in-office work schedules
- Private office requirements
- Conference room needs
- Reception and client-facing areas
- Collaborative workspace
- File storage and support areas
- Parking requirements
- Future hiring projections
General office planning estimates often include:
- Traditional office layouts: approximately 150–250 SF per employee
- Open office environments: approximately 75–150 SF per employee
- Law firms and executive office layouts: approximately 200–350+ SF per employee
Our team can help analyze your operational needs and identify the most efficient office layout before touring properties.
Average Rents in the Area
Office rental rates in Downtown Los Angeles vary significantly depending on building quality, submarket, views, amenities, parking, and lease term.
Typical office rental ranges include:
Property Type | Typical Rental Range |
|---|---|
Trophy Class A Office Space | Approximately $4.50–$7.00+/SF FSG |
Class A Office Space | Approximately $3.50–$5.50/SF FSG |
Creative Office Space | Approximately $3.00–$5.50/SF FSG |
Class B Office Space | Approximately $2.00–$4.00/SF FSG |
Recent market reports show Downtown Los Angeles Class A asking rents around the high-$40 PSF annual range, with overall DTLA asking rents generally near $3.93 PSF per month full service.
Downtown Los Angeles continues to offer some of the best value among major Los Angeles office markets, especially for tenants seeking larger blocks of space, high-rise environments, transit accessibility, and aggressive landlord concessions. Current market conditions are creating significant negotiating leverage for many office tenants.
Most brokers focus on transactions. We focus on outcomes.
- Tenant-Only Representation
We don’t represent landlords—so there’s no conflict of interest, and no divided priorities. - Financially Driven Decision-Making
We break down every option so you understand the true cost—not just the asking rent. This is where better decisions (and real savings) happen. - Strategic, Not Transactional
We think beyond the deal—considering your growth, flexibility, and long-term positioning. - Hands-On, Senior-Level Execution
You work directly with experienced leadership throughout the process—not passed off to a junior team.
How We Work
Our process is simple and structured:
- Understand Your Requirement
We start by aligning on your goals, space needs, timing, and budget. - Curate the Right Options
We identify and present a focused shortlist of Beverly Hills office spaces that align with your criteria. - Analyze & Compare
We provide side-by-side financial analysis so you can clearly evaluate your options. - Negotiate & Execute
We lead negotiations, structure the deal, and guide you through lease execution—protecting your interests every step of the way.
The goal is simple: help you make a clear, confident real estate decision—and secure the best possible outcome.
Contact Us for a Quote Today
Looking for office space in Downtown Los Angeles?
Peninsula Commercial Real Estate Group exclusively represents tenants and can help you:
- Identify available office spaces
- Compare buildings and submarkets
- Negotiate rental rates and concessions
- Analyze occupancy costs
- Negotiate tenant improvement allowances and free rent
- Avoid costly lease mistakes
👉 Contact us today to discuss your Downtown Los Angeles office space requirements and receive a customized office survey.