Westmore Office Space

Westmore

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
2,300
As of: August 17, 2017

Westmore Rates

On average, listings lease in the $10's per square foot per year. The Westmore region is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 14% decrease in rent.

Westmore Listing Supply

In the last 90 days, 1 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 200% of the listings in the Westmore 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,300 sqft. Most buildings in this market are approximately 2 floors. Most buildings in this area were built in 1993 and are Class B.

Westmore Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Westmore residents. Commuting approximately an hour 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 Westmore.
Market Report

Market Data

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