Westlake Sublease

Westlake

Office Space Market Report

Number of Listings (last 90 days)
8
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,800
As of: July 24, 2017

Westlake Rates

On average, listings lease in the $20's per square foot per year. The Westlake submarket is going through a an increase in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 25% rise in rent.

Westlake Listing Supply

In the last 90 days, 8 listings have come on the market, which means new listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the office spaces in the Westlake 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.

Even though the median size is 2,800 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 2 floors. Most buildings in this market 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