Interbay Industrial

Interbay

Office Space Market Report

Number of Listings (last 90 days)
11
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,580
As of: July 26, 2017

Interbay Rates

Most listings are in the $20's per square foot per year. The Interbay region is going through a decrease in rates. In the last 3 months, the median rate decreased $48 per sqft per year. That's a 68% decrease in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Interbay region has less expensive rates, so you should have no trouble finding a great deal in this depreciated region.

Interbay Listing Supply

In the last 90 days, 11 listings have been listed, which means new availabilities are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 91% of the available space in the Interbay are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,580 sqft. Most buildings in this area are around 2 stories. Most buildings in this region were built in 1991 and are Class B.

Interbay Community

A large portion of this area is residential, but there's plenty of office_space. Education is the dominant industry in this market. Commute by walking is the most popular way to get to work amongst Interbay folk. Commuting around 10 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 Interbay.
Market Report

Market Data

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