Puget Retail

Puget

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
590
As of: July 23, 2017

Puget Rates

On average, listings lease in the $30's per square foot per year. The Puget submarket is seeing a decline in rates. In the last 3 months, the median rate decreased $3 per sqft per year. That's a 7% decrease in rent.

Puget Listing Supply

In the last 90 days, 0 listings have been posted online, which means new listings might be going fast. You'll want to be prepared to make an offer immediately. About Inf% of the available space in the Puget are subleases, so you might be able to snag a great spot on a short term. 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 590 sqft. Most properties in this area are close to 2 floors. Most buildings in this area were built in 1986 and are Class A.

Puget Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this market. Commute by bike is the most popular way to get to work amongst Puget residents. Commuting between 30 and 45 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 Puget.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Puget.
Research