Westlake Village Office Space

Westlake Village

Office Space Market Report

Number of Listings (last 90 days)
16
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
10,120
As of: December 2, 2016

Westlake Village Rates

Most listings are 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 32% rise in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Westlake Village submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

Westlake Village Listing Supply

In the last 90 days, 11 listings have been posted online, which means listings might be going fast. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 8,820 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 3 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