Westwood Retail

Westwood

Market Report

Number of Listings
Posted in the last 90 days
203
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
770

Westwood Rates

Most listings are in the $10's per square foot per year. The Westwood submarket is seeing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 7% increase in rent.

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

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 82% of the office spaces 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 available, 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 properties in this market are close to 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 region. Commute by car is the most popular way to get to work amongst Westwood occupants. 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