Downtown Seattle Office Space For Lease

IBM BLDG - Space Downtown Seattle, Seattle, WA  
Nov 16
2,000
sqft
Sublease Office
1111 3rd Ave - Space Downtown Seattle, Seattle, WA  
Nov 16
2,840
sqft
Sublease Office

Downtown Seattle

Market Report

Number of Listings For Lease
Posted in the last 90 days
169
Median Rate ($/sqft/yr)
$50
Median Size (sqft)
1,310

Downtown Seattle Commercial Real Estate

Find Downtown Seattle commercial real estate for sale and for lease on 42Floors, the commercial real estate search engine. Listings cover all types of properties including Retail, Office Space, Industrial, Medical and much more. Learn about Downtown Seattle commercial real estate trends in 42Floors Research. Learn tips, tricks, and jargon about leasing or buying commercial real estate in 42Floors EDU.

Downtown Seattle Rates

The typical asking rate per commerial real estate listing leases is in the $50's per square foot per year. The Downtown Seattle region is going through a a boost in rates. In the last 3 months, the median rate for lease rose $3 per sqft per year. That's a 6% rise in rent.

Compared to the rest of the Seattle Metropolitan Area commercial real estate market, the Downtown Seattle region has more expensive rates for rent, and you may need to pay a premium to be in this hot region.

Downtown Seattle Listing Supply

In the last 90 days, 3266 commercial real estate listings have been posted online, so you'll want to check back regularly for new listings. About 0% of the commercial real estate listings in the Downtown Seattle are subleases, so you will probably have to focus your search on direct leases. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard size for office space in this area is around 4,900 sqft. Most buildings in this region are around 6 floors. Most buildings in this area were built approximately 1940 and are Class A.

Downtown Seattle Community

Waste services is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Downtown Seattle residents. Commuting approximately an hour and a half 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 Downtown Seattle.
Research