On average, listings lease in the $0's per square foot per year. The Pioneer Square submarket is going through a decrease in rates. In the last 3 months, the median rate fell $45 per sqft per year. That's a 100% decline in rent.
In the last 90 days, 7 listings have been made available, which means office spaces might be leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around sqft. Most buildings in this region are approximately 6 stories. Most buildings in this market were built in 1904 and are Class B.
This area is fairly equally mixed residential and commercial. Waste services is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Pioneer Square folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.