Westchester-Playa Del Rey Office Space

Westchester-Playa Del Rey

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 25, 2016

Westchester-Playa Del Rey Rates

Most listings are in the $20's per square foot per year. The Westchester-Playa Del Rey submarket is seeing a decline in rates. In the last 3 months, the median rate fell $13 per sqft per year. That's a 32% decline in rent.

Westchester-Playa Del Rey Listing Supply

In the last 90 days, 12 listings have been made available, which means office spaces most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 17% of the available leases in the Westchester-Playa Del Rey are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,920 sqft. Most properties in this area are close to 5 floors. Most buildings in this region were built in 1968 and are Class A.

Westchester-Playa Del Rey Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Westchester-Playa Del Rey occupants. Commuting approximately 15 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 Westchester-Playa Del Rey.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Westchester-Playa Del Rey.