Seattle Office Space

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Seattle

Office Space Market Report

Number of Listings (last 90 days)
486
Median Rate ($/sqft/yr)
$37
Median Size (sqft)
5,600
As of: December 8, 2016

Seattle Rates

On average, listings lease in the $30's per square foot per year. The Seattle submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 3% increase in rent.

Seattle Listing Supply

In the last 90 days, 487 listings have come on the market, so you'll want to check back regularly for new listings. About 13% of the available space in the Seattle 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 5,516 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 3 floors. Most buildings in this region were built in 1982 and are Class A.

Seattle Community

Market Report

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

Market Data

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