Seattle Office Space

Seattle

Office Space Market Report

Number of Listings (last 90 days)
460
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
3,300
As of: February 27, 2017

Seattle Rates

Most listings are in the $30's per square foot per year. The Seattle submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $4 per sqft per year. That's a 11% decline in rent.

Seattle Listing Supply

In the last 90 days, 460 listings have come on the market, so you'll want to check back regularly for new listings. About 10% of the available leases 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 posted, so finding a space for a small business might be tough.

Even though the median size is 3,300 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this market 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