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: June 22, 2017

Puget Rates

The typical asking rate per listing is in the $30's per square foot per year. The Puget submarket is experiencing a a boost in rates. In the last 3 months, the median rate increased $36 per sqft per year.

Puget Listing Supply

In the last 90 days, 0 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the office spaces 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,690 sqft. Most properties in this region are around 2 stories. Most buildings in this region were built in 2016 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 folk. 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