Washington Retail

Washington

Office Space Market Report

Number of Listings (last 90 days)
905
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
3,000
As of: January 21, 2017

Washington Rates

On average, listings lease in the $20's per square foot per year. The Washington region is experiencing a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 4% increase in rent.

Washington Listing Supply

In the last 90 days, 905 listings have come on the market, so you'll want to check back regularly for new listings. About 7% of the office spaces in the Washington 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this area 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