Downtown Seattle Office Space

Downtown Seattle

Office Space Market Report

Number of Listings (last 90 days)
120
Median Rate ($/sqft/yr)
$45
Median Size (sqft)
4,830
As of: February 24, 2017

Downtown Seattle Rates

Compared to the rest of the Seattle Metropolitan Area market, the Downtown Seattle submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Downtown Seattle Listing Supply

In the last 90 days, 120 listings have been posted online, so you'll want to check back regularly for new listings. About 16% of the available space in the Downtown Seattle are subleases, so you might be able to sign a shorter term by taking over a previous lease. 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 4,830 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 7 stories. Most buildings in this market were built in 1937 and are Class A.

Downtown Seattle Community

A large portion of this area is residential, but there's plenty of office_space. Waste services is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Downtown Seattle folk. Commuting close to an hour and a half 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 Downtown Seattle.
Market Report

Market Data

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