Westlake Sublease

Westlake

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
3,900
As of: August 19, 2017

Westlake Rates

On average, listings lease in the $10's per square foot per year. The Westlake submarket is experiencing a decline in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 20% decrease in rent.

Westlake Listing Supply

In the last 90 days, 8 listings have come on the market, which means listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 63% of the listings in the Westlake 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,900 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 2 floors. Most buildings in this area were built in 2000 and are Class A.

Westlake Community

Market Report

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

Market Data

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