Westchester Office Space

Westchester

Office Space Market Report

Number of Listings (last 90 days)
54
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,910
As of: January 23, 2017

Westchester Rates

On average, listings lease in the $20's per square foot per year. The Westchester region is seeing a a rise in rates. In the last 3 months, the median rate rose $24 per sqft per year.

Compared to the rest of the Chicagoland market, the Westchester submarket has greater rates, and you'll need to pay a premium to be in this hot region.

Westchester Listing Supply

In the last 90 days, 54 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the available leases in the Westchester are subleases, so you will probably have to focus your search on direct office leases. 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 spaces below 2,000 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this region were built in 1986 and are Class A.

Westchester Community

Market Report

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

Market Data

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