Westlake Village Office Space

Westlake Village

Office Space Market Report

Number of Listings (last 90 days)
105
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
5,590
As of: August 17, 2017

Westlake Village Rates

On average, listings lease in the $30's per square foot per year. The Westlake Village submarket is going through a a rise in rates. In the last 3 months, the median rate rose $10 per sqft per year. That's a 34% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Westlake Village submarket has greater rates, and you'll need to pay a premium to be in this hot region.

Westlake Village Listing Supply

In the last 90 days, 105 listings have been made available, so you'll want to check back regularly for new listings. About 18% of the available leases in the Westlake Village 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 5,590 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this area were built in 1989 and are Class A.

Westlake Village Community

Market Report

Trends and status of the commercial real estate market in Westlake Village.
Market Report

Market Data

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