Westwood Sublease

Westwood

Office Space Market Report

Number of Listings (last 90 days)
198
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
820
As of: August 18, 2017

Westwood Rates

The typical asking rate per listing is in the $10's per square foot per year. The Westwood region is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decrease in rent.

Compared to the rest of the Houston Metro market, the Westwood submarket has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Westwood Listing Supply

In the last 90 days, 198 listings have been posted online, so you'll want to check back regularly for new listings. About 69% of the available space in the Westwood are subleases, so you might be able to snag a great spot on a short term. 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 830 sqft. Most buildings in this market are close to 6 floors. Most buildings in this area were built in 1982 and are Class B.

Westwood Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Westwood occupants. 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 Westwood.
Market Report

Market Data

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

Houston Submarkets