Westfield Commercial Real Estate

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Newmark Associates
I represent tenants and can
help you go see this space.
112 Central Ave - Space Westfield, NJ two month security
Sep 08
260 N Ave E - Space Westfield, NJ Onsite Parking.
Aug 30
Sublease Retail
118 Elm St - 3 Spaces Westfield, NJ  
May 12
2,830 - 6,040


Market Report

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

Westfield Rates

The typical asking rate per listing is in the $40's per square foot per year. The Westfield submarket is going through a an increase in rates. In the last 3 months, the median rate increased $13 per sqft per year. That's a 37% increase in rent.

Westfield Listing Supply

In the last 90 days, 58 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the available leases in the Westfield are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 830 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 1972 and are Class C.

Westfield Community

Market Data

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