River West Industrial

River West

Market Report

Number of Listings
Posted in the last 90 days
5
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
2,780

River West Rates

The typical asking rate per listing is in the $30's per square foot per year. The River West submarket is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 2% decrease in rent.

River West Listing Supply

In the last 90 days, 80 listings have been listed, so you'll want to check back regularly for new listings. About 9% of the available leases in the River West are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,780 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1993 and are Class B.

River West Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Most of the occupants of River West work from home. Commuting close to 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in River West.
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