Westminster Sublease

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Westminster

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
1,350
As of: January 22, 2017

Westminster Rates

On average, listings lease in the $30's per square foot per year. The Westminster region is going through a an increase in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 18% increase in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Westminster submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Westminster Listing Supply

In the last 90 days, 1 listings have come on the market, which means listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,350 sqft. Most buildings in this region are approximately 1 stories. Most buildings in this area were built in 1981 and are Class A.

Westminster 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. Most of the occupants of Westminster work from home. 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 Westminster.
Market Report

Market Data

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

Westminster Submarkets