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: May 22, 2017

University Place Rates

On average, listings lease in the $20's per square foot per year. The University Place submarket is seeing a a boost in rates. In the last 3 months, the median rate rose $1 per sqft per year. That's a 6% increase in rent.

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

University Place Listing Supply

In the last 90 days, 0 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About NaN% of the available leases in the University Place are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 region are close to 1 stories. 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