Westbrook Sublease

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Westbrook

Office Space Market Report

Number of Listings (last 90 days)
241
Median Rate ($/sqft/yr)
$20
Median Size (sqft)
1,150
As of: August 17, 2017

Westbrook Rates

Most listings are in the $10's per square foot per year. The Westbrook submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $6 per sqft per year. That's a 44% rise in rent.

Westbrook Listing Supply

In the last 90 days, 5 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 140% of the office spaces in the Westbrook are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 1,150 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1900 and are Class Class B.

Westbrook Community

Market Report

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

Market Data

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

Westbrook Submarkets