Westside Retail

Westside

Office Space Market Report

Number of Listings (last 90 days)
37
Median Rate ($/sqft/yr)
$66
Median Size (sqft)
5,540
As of: January 21, 2017

Westside Rates

Most listings are in the $60's per square foot per year. The Westside region is seeing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 4% rise in rent.

Westside Listing Supply

In the last 90 days, 37 listings have come on the market, which means leases might be leasing quickly. You'll want to be prepared to make an offer immediately. About 5% of the available leases in the Westside are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 5,540 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 11 floors. Most buildings in this market were built in 1974 and are Class A.

Westside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Company management is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Westside 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 Westside.
Market Report

Market Data

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