On average, listings lease in the $10's per square foot per year. The Westwood region is experiencing a a rise in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 8% rise in rent.
Compared to the rest of the Houston Metro market, the Westwood submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 198 listings have been made available, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 880 sqft. Most properties in this area are close to 6 floors. Most buildings in this region were built in 1982 and are Class B.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Westwood occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.