River West Sublease

River West

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
2,780
As of: July 21, 2017

River West Rates

Most listings are in the $30's per square foot per year. The River West submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $33 per sqft per year.

River West Listing Supply

In the last 90 days, 7 listings have been posted online, which means new availabilities are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 129% of the listings in the River West 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 2,780 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this market were built in 1993 and are Class B.

River West Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Utilities is the dominant industry in this area. Most of the occupants of River West work from home. Commuting approximately 30 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 River West.
Market Report

Market Data

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