Most listings are in the $50's per square foot per year. The Downtown Seattle submarket is experiencing a an increase in rates. In the last 3 months, the median rate rose $9 per sqft per year. That's a 19% increase in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Downtown Seattle submarket has more expensive rates, and you'll need to pay a premium to be in this hot submarket.
In the last 90 days, 3266 listings have been made available, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Downtown Seattle are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 5,660 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are around 6 stories. Most buildings in this region were built in 1946 and are Class A.
Waste services is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Downtown Seattle occupants. Commuting approximately an hour and a half 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 Downtown Seattle.
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