Westlake Office Space

Westlake

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$44
Median Size (sqft)
4,680
As of: March 29, 2017

Westlake Rates

Compared to the rest of the Seattle Metropolitan Area market, the Westlake region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Westlake Listing Supply

In the last 90 days, 15 listings have come on the market, which means new listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 20% of the office spaces in the Westlake 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 4,680 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are close to 5 floors. Most buildings in this market were built in 1994 and are Class A.

Westlake Community

A large portion of this market is residential, but there's plenty of office_space. Finance and insurance are the dominant industries in this region. Most of the residents of Westlake work from home. 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 Westlake.
Market Report

Market Data

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