Washington Retail

Washington

Office Space Market Report

Number of Listings (last 90 days)
963
Median Rate ($/sqft/yr)
$32
Median Size (sqft)
2,760
As of: August 21, 2017

Washington Rates

The typical asking rate per listing is in the $30's per square foot per year. The Washington submarket is experiencing a a rise in rates. In the last 3 months, the median rate rose $5 per sqft per year. That's a 20% increase in rent.

Washington Listing Supply

In the last 90 days, 963 listings have been posted online, so you'll want to check back regularly for new listings. About 84% of the available space in the Washington are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

Even though the median size is 2,760 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are approximately 2 floors. Most buildings in this region were built in 1984 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