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)
$48
Median Size (sqft)
2,570
As of: June 27, 2017

Westlake Rates

The typical asking rate per listing is in the $40's per square foot per year. The Westlake submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $48 per sqft per year.

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

Westlake Listing Supply

In the last 90 days, 15 listings have been listed, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 53% of the office spaces in the Westlake are subleases, so you might be able to find a shorter term or below market rent. 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 2,570 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 5 stories. Most buildings in this region 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 area. Most of the occupants 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