Most listings are in the $50's per square foot per year. The City Center South submarket is going through a an increase in rates. In the last 3 months, the median rate went up $51 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the City Center South submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 8 listings have been listed, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. 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 1,960 sqft. Most buildings in this area are around 6 stories. Most buildings in this area were built in 1986 and are Class A.
A large portion of this market is residential, but there's plenty of office_space. Education is the dominant industry in this area. Commute by public transit is the most popular way to get to work amongst City Center South residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.