Bellevue Industrial

Bellevue

Office Space Market Report

Number of Listings (last 90 days)
77
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
2,910
As of: June 23, 2017

Bellevue Rates

The typical asking rate per listing is in the $30's per square foot per year. The Bellevue submarket is going through a an increase in rates. In the last 3 months, the median rate rose $34 per sqft per year.

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

Bellevue Listing Supply

In the last 90 days, 77 listings have come on the market, so you'll want to check back regularly for new listings. About 177% of the office spaces in the Bellevue are subleases, so you might be able to find a shorter term or below market rent. 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 3,270 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this area were built in 1984 and are Class A.

Bellevue Community

Market Report

Trends and status of the commercial real estate market in Bellevue.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Bellevue.
Research