Westfield Retail

Westfield

Office Space Market Report

Number of Listings (last 90 days)
2
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
4,660
As of: January 22, 2017

Westfield Rates

On average, listings lease in the $20's per square foot per year. The Westfield submarket is experiencing a an increase in rates. In the last 3 months, the median rate went up $3 per sqft per year. That's a 13% rise in rent.

Westfield Listing Supply

In the last 90 days, 2 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 4,660 sqft, there are still 0 new listings below 2,000 sqft.

Westfield Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Health care is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Westfield occupants. Commuting around 15 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 Westfield.
Market Report

Market Data

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

Charlottesville Submarkets