Westwood Fairway Office Space

Westwood Fairway

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
460
As of: July 22, 2017

Westwood Fairway Rates

The typical asking rate per listing is in the $10's per square foot per year. The Westwood Fairway submarket is going through a decline in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decline in rent.

Westwood Fairway Listing Supply

In the last 90 days, 4 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. About 25% of the available leases in the Westwood Fairway 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 460 sqft. Most properties in this area are around 1 stories. Most buildings in this area were built in 1985 and are Class A.

Westwood Fairway Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Westwood Fairway folk. Commuting between 20 and 25 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 Westwood Fairway.
Market Report

Market Data

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