Puget Retail

Puget

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
590

Puget Rates

Most listings are in the $30's per square foot per year. The Puget submarket is going through a an increase in rates. In the last 3 months, the median rate rose $33 per sqft per year.

Puget Listing Supply

In the last 90 days, 14 listings have been made available, which means listings might be going fast. You'll want to be prepared to tour spaces as quick as possible. About 7% of the available space in the Puget 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 590 sqft. Most buildings in this area are around 2 floors. Most buildings in this region were built in 1986 and are Class A.

Puget Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Puget folk. 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 Puget.
Research