Westwood North Retail

Westwood North

Office Space Market Report

Number of Listings (last 90 days)
27
Median Rate ($/sqft/yr)
$63
Median Size (sqft)
130
As of: January 23, 2017

Westwood North Rates

The typical asking rate per listing is in the $60's per square foot per year. The Westwood North region is seeing a an increase in rates. In the last 3 months, the median rate increased $42 per sqft per year. That's a 202% increase in rent.

Compared to the rest of the Houston Metro market, the Westwood North submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.

Westwood North Listing Supply

In the last 90 days, 27 listings have been posted online, which means listings might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. 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 130 sqft. Most properties in this area are around 1 floors. Most buildings in this area were built in 2004 and are Class B.

Westwood North Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Finance and insurance are the dominant industries in this market. Commute by motorcycle is the most popular way to get to work amongst Westwood North occupants. Commuting more than an hour and a half 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 North.
Market Report

Market Data

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