City Center North Retail

City Center North

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
11,950
As of: July 23, 2017

City Center North Rates

Most listings are in the $40's per square foot per year. The City Center North region is seeing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 1% increase in rent.

Compared to the rest of the Seattle Metropolitan Area market, the City Center North region has higher rates, and you'll need to make a great offer to be in this hot region.

City Center North Listing Supply

In the last 90 days, 3 listings have been made available, which means listings might be leasing quickly. You'll want to be prepared to make an offer immediately. About 33% of the office spaces in the City Center North 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 on the market, so finding a space for a small business might be tough.

Even though the median size is 11,950 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this market are approximately 20 floors. Most buildings in this region were built in 2008.

City Center North Community

A large portion of this market is residential, but there's plenty of office_space. Information is the dominant industry in this market. Most of the folk of City Center North work from home. Commuting close to 15 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 City Center North.
Market Report

Market Data

Real time and historical data on commercial real estate listings in City Center North.
Research