Park West Office Space

Park West

Office Space Market Report

Number of Listings (last 90 days)
145
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
1,950
As of: August 22, 2017

Park West Rates

Most listings are in the $40's per square foot per year. The Park West region is experiencing a a boost in rates. In the last 3 months, the median rate rose $8 per sqft per year. That's a 22% rise in rent.

Compared to the rest of the San Diego market, the Park West submarket has higher rates, and you'll need to pay a premium to be in this hot region.

Park West Listing Supply

In the last 90 days, 40 listings have been posted online, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 13% of the listings in the Park West 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.

The standard measurement for office space in this area is around 1,950 sqft. Most properties in this area are close to 3 floors. Most buildings in this market were built in 1971 and are Class C.

Park West Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst Park West residents. Commuting under 5 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 Park West.
Market Report

Market Data

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

San Diego Submarkets