Pioneer Square Office Space

505 First - Unit 150 (Floor 1) Seattle, WA shell space
Aug 26
7,340
sqft
Office
255 S King St - 3 Spaces Seattle, WA rental rate negotiable
Aug 12
18,560
sqft
Office
255 S King St - Floor 8 Seattle, WA rental rate negotiable
Aug 12
18,560
sqft
Office
101 Yesler Way - Floor 6 Seattle, WA  
Aug 06
150
sqft
Sublease Office
505 First - Space Seattle, WA  
Aug 03
43,560
sqft
Office
61 Columbia St - Floor 1 Downtown Seattle, Seattle, WA HVAC
Jul 08
4,090
sqft
Office Retail
Westland Building - Space Downtown Seattle, Seattle, WA  
Jun 20
2,720
sqft
Sublease Office
411 2nd Ave Ext S - Floor 1 Downtown Seattle, Seattle, WA HVAC
Apr 12
3,040
sqft
Office Retail

Pioneer Square

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$70
Median Size (sqft)
18,560

Pioneer Square Rates

On average, listings lease in the $70's per square foot per year. The Pioneer Square region is experiencing a a rise in rates. In the last 3 months, the median rate went up $28 per sqft per year. That's a 66% increase in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Pioneer Square region has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

Pioneer Square Listing Supply

In the last 90 days, 375 listings have been listed, so you'll want to check back regularly for new listings. About 3% of the available leases in the Pioneer Square are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 18,560 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are approximately 6 stories. Most buildings in this area were built in 1904 and are Class B.

Pioneer Square Community

Waste services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Pioneer Square occupants. Commuting between 30 and 45 minutes 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 Pioneer Square.
Research