Most listings are in the $40's per square foot per year. The Downtown Seattle submarket is going through a a rise in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 3% increase in rent.
Compared to the rest of the Seattle Metropolitan Area market, the Downtown Seattle region has higher rates, and you'll need to make a great offer to be in this hot submarket.
In the last 90 days, 126 listings have been listed, so you'll want to check back regularly for new listings. About 62% of the office spaces in the Downtown Seattle are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 5,160 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are close to 6 floors. Most buildings in this region were built in 1946 and are Class A.
Waste services is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Downtown Seattle folk. Commuting approximately an hour and a half a day is the norm for those who opt to reside in this part of town.