Most listings are in the $50's per square foot per year. The Convention Civic submarket is seeing a a rise in rates. In the last 3 months, the median rate rose $53 per sqft per year.
Compared to the rest of the Seattle Metropolitan Area market, the Convention Civic submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot region.
In the last 90 days, 14 listings have come on the market, which means office spaces are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 50% of the office spaces in the Convention Civic 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 posted, so finding a space for a small business might be tough.
Even though the median size is 2,760 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are approximately 24 stories. Most buildings in this market were built in 1982 and are Class A.
Professional services is the dominant industry in this market. Most of the folk of Convention Civic work from home. Commuting around 20 minutes a day is the norm for those who opt to reside in this part of town.