Belltown Office Space

Belltown

Office Space Market Report

Number of Listings (last 90 days)
35
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
3,700
As of: March 12, 2017

Belltown Rates

Compared to the rest of the Seattle Metropolitan Area market, the Belltown submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.

Belltown Listing Supply

In the last 90 days, 35 listings have been posted online, which means new listings are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 14% of the available space in the Belltown 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 3,700 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this market are around 6 floors. Most buildings in this area were built in 1965 and are Class A.

Belltown Community

A large portion of this region is residential, but there's plenty of office_space. Arts, entertainment, and restaurants are the dominant industries in this market. Most of the folk of Belltown work from home. Commuting approximately 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 Belltown.
Market Report

Market Data

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