Honolulu, HI Office Space for Rent
Search 121 listing(s) across all major Honolulu, HI office markets.
Asking prices for office space in Honolulu vary and are generally influenced by such factors as the property location, the building quality rating, and the proximity to amenities like restaurants, cafes, and entertainment venues, as well as how convenient access is to and from public transport, airports, and thoroughfares.
Most commonly, the cost in any location will first be influenced by the property class rating, which can be A, B, or C.
The maximum rental rate among listings for lease in Honolulu is $19.8 per square foot. Meanwhile, the minimum rental rate in Honolulu is $18 per square foot.
There is no one-size-fits-all answer as to what the best office space for rent location is in Honolulu. The best neighborhood or submarket match for you will depend on what are the most relevant factors to your business and your employees. You will most likely need to consider what works best for the type of business you need space for, the size of your company, the employee demographics, and of course the company budget.
However, a good starting point for finding your best options is to look at the areas where there is a high concentration of office property listings. These areas are typically well-connected to a range of access routes and are also home to a variety of amenities that serve the convenience of both workers and visitors. In Honolulu, the greatest concentration of office for rent opportunities is in Urban Honolulu - CBD.
For your consideration, the average rent for office space in Urban Honolulu - CBD is $19.79 per square foot, but you should expect some price variation across the market, depending on factors like location and property class.
The quality of an office property can be judged based on subjective factors such as the prospective tenant’s preferred architecture style, the overall design of the surrounding area, as well as the amount and/or diversity of amenities available within a convenient distance.
Some quality factors, however, are considered to be mostly objective, and have been somewhat standardized as top things to consider when looking for a specific quality of space for your business. These include construction grade and building quality ratings, sustainability certifications, the total age or the property, as well as any renovation work that was done.
A local breakdown by property class shows that about 49.86% office space listings in Honolulu are in properties rated class A. Class B space makes up 49.62% space available in Honolulu. Class C space listed for rent locally accounts for 0.52% opportunities on the local leasing market.
If considering quality space by property age, the Honolulu market is also a mixed bag in this respect. About 97.45% of local office properties were completed before the year 2000. Office space delivered in and since the year 2000 makes up 2.55% of the local market and adds up to a total of square feet.
However, a certain age of completion of the original structure does not necessarily mean that a property is too old. Older properties are often considered to have excellent bones and are good subjects for adaptive reuse redevelopment or extensive renovation to modernize the interior space. With that in mind, you should consider that roughly 0% of all office properties here are buildings that have been renovated at least once since 2000.
1
Before 1900
5
1900 - 1925
5
1925 - 1950
52
1950 - 1975
56
1975 - 2000
4
After 2000
Modern quality standards also take into account the property’s sustainability minded design, which is largely standardized by certification processes such as the LEED program. In Honolulu, you can find 4 listings for rent that are in LEED-certified or LEED-proposed properties. The local market is home to 2 LEED-certified office building(s). Certification can range from basic LEED requirements to Platinum, which is the highest achievable level of certification awarded by the U.S. Green Building Council.
2
Gold
2
TOTAL
Gold
461,885
TOTAL
461,885
If you have a certain point of interest in mind for renting an office in Honolulu, it’s easy to navigate local leasing opportunities around it. Using our interactive search map, you can zoom in to your preferred location and then customize your search area around that specific point of interest by selecting “Radius” from the Search Mode options menu. Establish the center of your desired search area with one click on the map, and then expand the radius as much as you need to. Browse the resulting list of available office spaces for rent to find the best match for your location and other business needs.
Data was provided by Yardi Research Data and refers to office properties at least 25,000 square feet in size. Prices shown reflect the average rate per square foot.
The REIT finalized a previously announced joint venture agreement for a ground lease of 425 Park Ave. in Manhattan and the additional ground lease of a Honolulu hotel.
The San Diego-based company assumed asset management of a collection of downtown Honolulu office and retail properties, and added a new regional vice president for the Hawaii market.
Working on behalf of AIPA Properties, Sonnenblick-Eichner secured the 15-year, fixed-rate loan for Airport Industrial Park, a 1.3 million-square-foot mixed-use complex in Honolulu.
TOPA Financial Center, a two-building office property, sits in the heart of downtown Honolulu. Newmark negotiated the financing on behalf of Duesenberg Investment Co., the owner of the asset.
By Adriana Pop, Associate Editor The Hawaii Land Use Commission has approved a use change for a proposed 1.4 million-square-foot regional shopping mall in East Kapolei. The Pacific Business News reports that under a previous state plan the site had been slated for the development of a regional s...
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