River West Retail

River West

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,380
As of: February 27, 2017

River West Rates

Most listings are in the $20's per square foot per year. The River West 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 11% rise in rent.

River West Listing Supply

In the last 90 days, 6 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the listings in the River West 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 available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,380 sqft. Most properties in this market are approximately 2 stories. Most buildings in this area were built in 1994 and are Class A.

River West Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this market. Most of the folk of River West work from home. Commuting close to 30 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 River West.
Market Report

Market Data

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