University Place Office Space

University Place

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
1,960
As of: June 28, 2017

University Place Rates

The typical asking rate per listing is in the $20's per square foot per year. The University Place submarket is seeing a an increase in rates. In the last 3 months, the median rate went up $22 per sqft per year.

Compared to the rest of the Seattle Metropolitan Area market, the University Place submarket has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

University Place Listing Supply

In the last 90 days, 0 listings have come on the market, which means new listings most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the office spaces in the University Place 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.

The standard measurement for office space in this area is around 1,960 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this market were built in 1988 and are Class B.

University Place Community

Market Report

Trends and status of the commercial real estate market in University Place.
Market Report

Market Data

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