Westside Industrial

Westside

Office Space Market Report

Number of Listings (last 90 days)
1,061
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,210
As of: February 24, 2017

Westside Rates

The typical asking rate per listing is in the $20's per square foot per year. The Westside submarket is experiencing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 3% decline in rent.

Compared to the rest of the Houston Metro market, the Westside region has greater rates, and you'll need to make a great offer to be in this hot region.

Westside Listing Supply

In the last 90 days, 1112 listings have been posted online, so you'll want to check back regularly for new listings. About 5% of the listings in the Westside 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 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 1,220 sqft. Most buildings in this region are close to 4 stories. Most buildings in this area were built in 1981 and are Class B.

Westside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Agriculture is the dominant industry in this market. Most of the residents of Westside work from home. Commuting around an hour and a half 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 Westside.
Market Report

Market Data

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

Houston Submarkets