Most listings are in the $40's per square foot per year. The City Center North region is experiencing a a boost in rates. In the last 3 months, the median rate increased $48 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the City Center North region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 3 listings have come on the market, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 10,790 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 6 floors. Most buildings in this region were built in 1970.
Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this market. Most of the occupants of City Center North work from home. Commuting close to 15 minutes a day is the norm for those who opt to reside in this part of town.