Crossroads Industrial

Crossroads

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$34
Median Size (sqft)
4,210
As of: June 25, 2017

Crossroads Rates

On average, listings lease in the $30's per square foot per year. The Crossroads submarket is going through a a boost in rates. In the last 3 months, the median rate went up $34 per sqft per year.

Compared to the rest of the Seattle Metropolitan Area market, the Crossroads region has greater rates, and you'll need to pay a premium to be in this hot region.

Crossroads Listing Supply

In the last 90 days, 6 listings have been posted online, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 33% of the available leases in the Crossroads 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 4,210 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 2 stories. Most buildings in this market were built in 1986 and are Class B.

Crossroads Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this area. Commute by car is the most popular way to get to work amongst Crossroads occupants. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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