Westchester Sublease

Westchester

Office Space Market Report

Number of Listings (last 90 days)
55
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
17,510
As of: May 18, 2017

Westchester Rates

The typical asking rate per listing is in the $10's per square foot per year. The Westchester region is seeing a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.

Compared to the rest of the Chicagoland market, the Westchester submarket has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Westchester Listing Supply

In the last 90 days, 55 listings have come on the market, so you'll want to check back regularly for new listings. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 17,510 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are around 2 stories. Most buildings in this area were built in 1986 and are Class A.

Westchester Community

Market Report

Trends and status of the commercial real estate market in Westchester.
Market Report

Market Data

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