Physicians Medical Terrace — Lease in Glendale, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Glendale, CA 91206

Description

Commercial property listing from JLL. Property: Physicians Medical Terrace.

Market Context

This office in Glendale, CA is listed for lease. It has been on the market for 166 days. Compare it against other office listings for lease in Glendale, CA — view the full market.

As of Q1 2026, the Greater Los Angeles office market showed a 14.7% vacancy rate, average asking rents near $35.40/SF/yr, rents up 0.7% year over year, and cap rates around 5.8%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Office market FAQ

What is the typical cap rate for office in Greater Los Angeles?
About 5.8% as of Q1 2026, per multiple brokerage reports.
Is the Greater Los Angeles office market tightening or softening?
Vacancy is around 14.7%, with asking rents rising year over year (Q1 2026).

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