Park West Office Space

Park West

Office Space Market Report

Number of Listings (last 90 days)
27
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
2,910
As of: December 11, 2016

Park West Rates

The typical asking rate per listing is in the $30's per square foot per year. The Park West region is seeing a decrease in rates. In the last 3 months, the median rate fell $10 per sqft per year. That's a 24% decrease in rent.

Compared to the rest of the San Diego market, the Park West submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Park West Listing Supply

In the last 90 days, 27 listings have been made available, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,910 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 3 stories. Most buildings in this region were built in 1970 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 market. Commute by walking is the most popular way to get to work amongst Park West folk. 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