Westlake Industrial

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

Westlake

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$36
Median Size (sqft)
2,570
As of: May 22, 2017

Westlake Rates

Most listings are in the $30's per square foot per year. The Westlake region is seeing a decline in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 18% decrease in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Westlake submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Westlake Listing Supply

In the last 90 days, 15 listings have been posted online, which means office spaces might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 13% 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 available, so finding a space for a small business might be tough.

Even though the median size is 2,570 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are around 5 stories. Most buildings in this area were built in 1986 and are Class A.

Westlake Community

A large portion of this market is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this market. Most of the folk of Westlake work from home. 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 Westlake.
Market Report

Market Data

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