Westside Retail

Westside

Office Space Market Report

Number of Listings (last 90 days)
29
Median Rate ($/sqft/yr)
$71
Median Size (sqft)
4,670
As of: June 25, 2017

Westside Rates

On average, listings lease in the $70's per square foot per year. The Westside region is going through a an increase in rates. In the last 3 months, the median rate went up $71 per sqft per year.

Westside Listing Supply

In the last 90 days, 29 listings have come on the market, which means spaces most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. About 76% of the listings in the Westside 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 4,670 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 8 stories. Most buildings in this market were built in 1980 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 region. Commute by public transit is the most popular way to get to work amongst Westside occupants. 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