Westover Industrial

Westover

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
31,000
As of: January 21, 2017

Westover Rates

On average, listings lease in the $20's per square foot per year. The Westover region is seeing a an increase in rates. In the last 3 months, the median rate rose $21 per sqft per year.

Westover Listing Supply

In the last 90 days, 3 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 33% of the available leases in the Westover 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.

Even though the median size is 31,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this area are around 2 stories. Most buildings in this area were built in 1997 and are Class B.

Westover Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Westover residents. Commuting around 30 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Westover.
Market Report

Market Data

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