Park West Sublease

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Park West

Office Space Market Report

Number of Listings (last 90 days)
1
Median Rate ($/sqft/yr)
$46
Median Size (sqft)
1,580
As of: May 20, 2017

Park West Rates

The typical asking rate per listing is in the $40's per square foot per year. The Park West submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $46 per sqft per year.

Compared to the rest of the Gold Coast market, the Park West submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Park West Listing Supply

In the last 90 days, 1 listings have been listed, which means leases are probably 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 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 1,580 sqft. Most properties in this region are close to 63 stories. Most buildings in this market were built in 2008 and are Class A.

Park West Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Real estate is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst Park West occupants. Commuting approximately 30 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 Park West.
Market Report

Market Data

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