Most listings are in the $40's per square foot per year. The Convention Civic submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $7 per sqft per year. That's a 13% decline in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Convention Civic submarket has more expensive rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 162 listings have been made available, so you'll want to check back regularly for new listings. About 15% of the listings in the Convention Civic 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 available, so finding a space for a small business might be tough.
Even though the median size is 18,530 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 24 stories. Most buildings in this market were built in 1983 and are Class A.
Professional services is the dominant industry in this market. Most of the occupants of Convention Civic work from home. Commuting approximately 20 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Convention Civic.
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