Washington Retail

Washington

Office Space Market Report

Number of Listings (last 90 days)
43
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
2,240
As of: June 25, 2017

Washington Rates

The typical asking rate per listing is in the $20's per square foot per year. The Washington region is going through a a boost in rates. In the last 3 months, the median rate rose $24 per sqft per year.

Washington Listing Supply

In the last 90 days, 43 listings have come on the market, so you'll want to check back regularly for new listings. About 67% of the office spaces in the Washington 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,240 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 1988 and are Class B.

Washington Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by bike is the most popular way to get to work amongst Washington residents. Commuting under 5 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 Washington.
Market Report

Market Data

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