City Center Commercial Real Estate

City Center

Market Report

Number of Listings
Posted in the last 90 days
0
Median Rate ($/sqft/yr)
$42
Median Size (sqft)
14,720

Compared to the rest of the Seattle Metropolitan Area market, the City Center submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.

City Center Listing Supply

In the last 90 days, 37 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 8% of the available leases in the City Center are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 14,720 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this region are approximately 21 floors. Most buildings in this area were built in 1983 and are Class A.

City Center Community

Arts, entertainment, and restaurants are the dominant industries in this area. Commute by walking is the most popular way to get to work amongst City Center occupants. Commuting under 5 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 City Center.
Research