2024 Office Space Rent & Sales
- $23.75 2024 Avg. Asking Rent
- 26.37% 2024 Office Vacancy Rate
Westlake office price per square foot in 2024 was $23.75 on average. The local office market recorded an average vacancy rate of 26.37% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Ohio Class A & A+ Office Space$23.67
- Ohio Class B Office Space$18.24
- Ohio Class C Office Space$14.24
Westlake, OH Office Asking Rents by Class
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2024 Office Construction in Westlake, OH
Office building | Address | SF | Completed |
---|---|---|---|
2205 Crocker Road | 2205 Crocker Road, 44145 | 97,524 | 2023 |
American Greetings Creative Studios World Headquarters | 1 American Blvd, 44145 | 596,673 | 2014 |
Crocker Corporate Center | 2055 Crocker Road, 44145 | 60,702 | 2007 |
La Centre II | 25777 Detroit Road, 44145 | 110,401 | 2003 |
29055 Clemens Rd | 29055 Clemens Rd, 44145 | 14,934 | 2001 |
Westlake Corporate Park | 2211 Crocker Road, 44145 | 37,772 | 2000 |
27887 Clemens Rd | 27887 Clemens Rd, 44145 | 11,788 | 2000 |
27881 Clemens Rd | 27881 Clemens Rd, 44145 | 8,004 | 2000 |
Reserve Office Park | 2035 Crocker Road, 44145 | 32,000 | 1999 |
815 Crocker Road | 815 Crocker Rd, 44145 | 3,900 | 1998 |
Worth noting among recent office completions on the Westlake market is 2205 Crocker Road, which is currently the largest new office development in the city, at 97,524 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Westlake commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.