Westside Sublease

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Westside

Office Space Market Report

Number of Listings (last 90 days)
247
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,080
As of: August 17, 2017

Westside Rates

Most listings are in the $20's per square foot per year. The Westside submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 17% rise in rent.

Westside Listing Supply

In the last 90 days, 31 listings have been listed, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 39% of the available space in the Westside 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 1,080 sqft. Most properties in this market are around 2 floors. Most buildings in this area were built in 1916 and are Class B.

Westside Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Westside folk. Commuting between 30 and 45 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 Westside.
Market Report

Market Data

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