Westchase Industrial

Westchase

Office Space Market Report

Number of Listings (last 90 days)
113
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
2,540
As of: December 7, 2016

Westchase Rates

The typical asking rate per listing is in the $20's per square foot per year. The Westchase region is going through a an increase in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 3% increase in rent.

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

Westchase Listing Supply

In the last 90 days, 112 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available leases in the Westchase are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,540 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this market were built in 1981 and are Class B.

Westchase Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this region. Commute by public transit is the most popular way to get to work amongst Westchase occupants. Commuting between 30 and 45 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 Westchase.
Market Report

Market Data

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

Houston Submarkets