Westover Office Space

Westover

Office Space Market Report

Number of Listings (last 90 days)
12
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
3,000
As of: July 27, 2017

Westover Rates

Most listings are in the $10's per square foot per year. The Westover submarket is seeing a decline in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 25% decrease in rent.

Westover Listing Supply

In the last 90 days, 12 listings have come on the market, which means office spaces most likley are going fast. You'll want to be prepared to make an offer immediately. About 25% of the available space in the Westover are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this market were built in 1999 and are Class B.

Westover 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 motorcycle is the most popular way to get to work amongst Westover residents. Commuting approximately 30 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 Westover.
Market Report

Market Data

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