City Center Office Space

City Center

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 22, 2016

City Center Rates

The typical asking rate per listing is in the $50's per square foot per year. The City Center submarket is going through a a rise in rates. In the last 3 months, the median rate rose $11 per sqft per year. That's a 25% increase in rent.

Compared to the rest of the Seattle Metropolitan Area market, the City Center region has higher rates, and you'll need to make a great offer to be in this hot submarket.

City Center Listing Supply

In the last 90 days, 1 listings have been posted online, which means leases most likley are going fast. 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 15,350 sqft, there are still 0 new listings below 2,000 sqft. Most properties in this area are around 22 floors. Most buildings in this market were built in 1984 and are Class A.

City Center Community

Arts, entertainment, and restaurants are the dominant industries in this region. Commute by walking is the most popular way to get to work amongst City Center folk. Commuting under 5 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 City Center.
Market Report

Market Data

Real time and historical data on commercial real estate listings in City Center.