Westwood Retail

Westwood

Office Space Market Report

Number of Listings (last 90 days)
198
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
510
As of: June 22, 2017

Westwood Rates

On average, listings lease in the $20's per square foot per year. The Westwood submarket is experiencing a a rise in rates. In the last 3 months, the median rate went up $20 per sqft per year.

Compared to the rest of the Houston Metro market, the Westwood submarket has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.

Westwood Listing Supply

In the last 90 days, 198 listings have been posted online, so you'll want to check back regularly for new listings. About 7% of the available space in the Westwood are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 510 sqft. Most properties in this market are approximately 6 floors. Most buildings in this region were built in 1982 and are Class B.

Westwood Community

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

Market Data

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

Houston Submarkets