Westlake Retail

Westlake

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
3,830
As of: July 23, 2017

Westlake Rates

Compared to the rest of the Greater Portland market, the Westlake region has less expensive rates, so you should have no trouble finding a great deal in this discounted region.

Westlake Listing Supply

In the last 90 days, 3 listings have been listed, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 67% 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,830 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region were built in 1988 and are Class A.

Westlake Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Education is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Westlake folk. Commuting approximately 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 Westlake.
Market Report

Market Data

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