Factoria Office Space

Factoria

Market Report

Number of Listings
Posted in the last 90 days
6
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
7,130

Factoria Rates

On average, listings lease in the $40's per square foot per year. The Factoria submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $15 per sqft per year. That's a 52% rise in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Factoria submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.

Factoria Listing Supply

In the last 90 days, 108 listings have been listed, so you'll want to check back regularly for new listings. About 6% of the available leases in the Factoria are subleases, so you will probably have to consider a longer term 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 7,130 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are around 4 floors. Most buildings in this area were built in 1986 and are Class A.

Factoria Community

A large portion of this market is residential, but there's plenty of office_space. Education is the dominant industry in this area. Commute by motorcycle is the most popular way to get to work amongst Factoria residents. Commuting close to an hour a day is the norm for those who opt to reside in this part of town.

Market Data

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