Washington Retail

Washington

Office Space Market Report

Number of Listings (last 90 days)
911
Median Rate ($/sqft/yr)
$25
Median Size (sqft)
2,230
As of: February 23, 2017

Washington Rates

On average, listings lease in the $20's per square foot per year. The Washington submarket is going through a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 12% decrease in rent.

Washington Listing Supply

In the last 90 days, 1018 listings have been posted online, so you'll want to check back regularly for new listings. About 6% of the office spaces in the Washington are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 2,580 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this market are close to 2 stories. Most buildings in this region were built in 1983 and are Class A.

Washington Community

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