SAN FERNANDO VALLEY
Granada Hills, Lake View Terrace, Mission Hills, Pacoima, Porter Ranch, San Fernando, and Sylmar
Rent Rate (sf/mo)
Leasing Activity SF
Vacant Available SF
SOURCE: CoStar
- Q4 - 2023
- Q4 - 2024
- Q4 - 2025
Leasing Market Overview
MEASURING Q4 2025The San Fernando Valley remains one of the region’s most resilient office markets, supported by a diverse tenant base and steady suburban demand. Rental rates climbed through 2024 and remained elevated in 2025, reflecting sustained pricing power. Leasing volume has been consistent, even as vacancy increased gradually. The submarket continues to attract cost-conscious tenants seeking flexible space and long-term stability.
SNAPSHOT OF LEASES SIGNED
| Signed Date | Start Date | Address | SF Leased | Rent/SF/Mo | Months on Market | Leasing Rep Company |
|---|---|---|---|---|---|---|
| Oct 2025 | Nov 2025 | 19350 Business Center Dr | 900 | $2.50 | 13 Mos | Agents of LA |
| Oct 2025 | Oct 2025 | 18606-18612 Ventura Blvd | 995 | $4.48 | - | illi Commercial Real Estate |
| Oct 2025 | Nov 2025 | 18606-18612 Ventura Blvd | 2050 | $3.63 | 11 Mos | illi Commercial Real Estate |
| Oct 2025 | Nov 2025 | 6451-6453 Van Nuys Blvd | 750 | $2.50 | 6 Mos | NAI Capital |
| Oct 2025 | Nov 2025 | 120 N Maclay Ave | 1717 | $3.00 | 29 Mos | Aszkenazy Development |
| Nov 2025 | Dec 2025 | 3575 Cahuenga Blvd | 2757 | $2.95 | 65 Mos | Lee & Associates Commercial Real Estate |
| Nov 2025 | Dec 2025 | 8414-8440 Sunland Blvd | 1200 | $2.00 | 9 Mos | Ally Commercial Real Estate |
| Nov 2025 | Dec 2025 | 7245 Foothill Blvd | 1077 | $2.65 | 5 Mos | Clint Lukens Realty |
| Dec 2025 | Dec 2025 | 12900-12908 Victory Blvd | 1650 | $4.50 | 3 Mos | CBM1 Inc |
| Dec 2025 | Jan 2026 | 14435 Sherman Way | 740 | $2.95 | 16 Mos | illi Commercial Real Estate |
SOURCE: CoStar
