Westwood Industrial

Westwood

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
770

Westwood Rates

On average, listings lease in the $10's per square foot per year. The Westwood submarket is going through a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 7% rise in rent.

Compared to the rest of the Houston Metro market, the Westwood submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Westwood Listing Supply

In the last 90 days, 250 listings have been posted online, so you'll want to check back regularly for new listings. About 81% of the listings in the Westwood are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 770 sqft. Most buildings in this area are approximately 6 floors. Most buildings in this area were built in 1982 and are Class B.

Westwood Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Westwood residents. Commuting between 30 and 45 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 Westwood.
Research