Whittier Sublease

Whittier

Office Space Market Report

Number of Listings (last 90 days)
14
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
4,070
As of: July 22, 2017

Whittier Rates

Most listings are in the $30's per square foot per year. The Whittier submarket is going through a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 2% increase in rent.

Whittier Listing Supply

In the last 90 days, 14 listings have come on the market, which means new availabilities most likley are going fast. You'll want to be prepared to make an offer immediately. About 43% of the available leases in the Whittier 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 4,070 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 3 stories. Most buildings in this area were built in 1994 and are Class A.

Whittier Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Public administration is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Whittier occupants. Commuting around an hour 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 Whittier.
Market Report

Market Data

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