Westside Office Space

Westside

Office Space Market Report

Number of Listings (last 90 days)
29
Median Rate ($/sqft/yr)
$79
Median Size (sqft)
6,410
As of: July 21, 2017

Westside Rates

The typical asking rate per listing is in the $70's per square foot per year. The Westside region is seeing a a rise in rates. In the last 3 months, the median rate increased $17 per sqft per year. That's a 27% increase in rent.

Westside Listing Supply

In the last 90 days, 29 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to make an offer immediately. About 76% of the listings in the Westside 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 posted, so finding a space for a small business might be tough.

Even though the median size is 6,400 sqft, there are still 0 listings below 2,000 sqft. Most properties in this region are close to 8 floors. Most buildings in this region were built in 1979 and are Class A.

Westside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Westside residents. 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 Westside.
Market Report

Market Data

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