Seattle Office Space

Seattle

Office Space Market Report

Number of Listings (last 90 days)
466
Median Rate ($/sqft/yr)
$40
Median Size (sqft)
3,200
As of: July 23, 2017

Seattle Rates

Most listings are in the $30's per square foot per year. The Seattle submarket is going through a an increase in rates. In the last 3 months, the median rate rose $4 per sqft per year. That's a 11% rise in rent.

Seattle Listing Supply

In the last 90 days, 466 listings have been made available, so you'll want to check back regularly for new listings. About 77% of the office spaces in the Seattle are subleases, so you might be able to find a shorter term or below market rent. 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 3,210 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this region are approximately 2 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