Westwood Office Space

Westwood

Office Space Market Report

Number of Listings (last 90 days)
198
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
910
As of: March 12, 2017

Westwood Rates

The typical asking rate per listing is in the $10's per square foot per year. The Westwood submarket is going through a a boost in rates. In the last 3 months, the median rate rose $0 per sqft per year. That's a 0% increase in rent.

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

Westwood Listing Supply

In the last 90 days, 198 listings have come on the market, so you'll want to check back regularly for new listings. About 1% of the available leases in the Westwood are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 910 sqft. Most properties in this market are approximately 6 stories. Most buildings in this market were built in 1982 and are Class B.

Westwood Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Westwood residents. 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 Westwood.
Market Report

Market Data

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

Houston Submarkets