Westchase Office Space

Westchase

Office Space Market Report

Number of Listings (last 90 days)
110
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
2,600
As of: December 4, 2016

Westchase Rates

The typical asking rate per listing is in the $20's per square foot per year. The Westchase region is going through a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% increase in rent.

Compared to the rest of the Houston Metro market, the Westchase region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Westchase Listing Supply

In the last 90 days, 110 listings have been made available, so you'll want to check back regularly for new listings. About 5% of the office spaces in the Westchase are subleases, so you will probably have to consider a longer term lease. 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 2,600 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this market are close to 3 floors. Most buildings in this market were built in 1981 and are Class B.

Westchase Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this area. Commute by public transit is the most popular way to get to work amongst Westchase folk. Commuting between 30 and 45 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 Westchase.
Market Report

Market Data

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

Houston Submarkets