Westlake Industrial

We couldn't find any industrial spaces for Lease and Sublease

Westlake

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
3,830
As of: June 28, 2017

Westlake Rates

Most listings are in the $20's per square foot per year. The Westlake submarket is experiencing a a rise in rates. In the last 3 months, the median rate increased $30 per sqft per year.

Compared to the rest of the Greater Portland market, the Westlake submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued region.

Westlake Listing Supply

In the last 90 days, 3 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 67% of the available leases in the Westlake are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,830 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area were built in 1988 and are Class A.

Westlake Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Westlake folk. 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 Westlake.
Market Report

Market Data

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