South Westside Office Space

South Westside

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
480
As of: December 4, 2016

South Westside Rates

On average, listings lease in the $10's per square foot per year. The South Westside submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 30% decrease in rent.

South Westside Listing Supply

In the last 90 days, 2 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 480 sqft. Most buildings in this region are around 2 stories. Most buildings in this market were built in 1986 and are Class B.

South Westside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Construction is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst South Westside folk. Commuting close to an hour and a half 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 South Westside.
Market Report

Market Data

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

Olympia Submarkets