Park Place Plaza Retail

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Park Place Plaza

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
1,130
As of: December 7, 2016

Park Place Plaza Rates

The typical asking rate per listing is in the $10's per square foot per year. The Park Place Plaza submarket is experiencing a a boost in rates. In the last 3 months, the median rate rose $18 per sqft per year.

Compared to the rest of the Seattle Metropolitan Area market, the Park Place Plaza region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Park Place Plaza Listing Supply

In the last 90 days, 7 listings have come on the market, which means spaces might be leasing quickly. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,130 sqft. Most buildings in this market were built in 1981 and are Class B.

Park Place Plaza Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Arts, entertainment, and restaurants are the dominant industries in this area. Commute by car is the most popular way to get to work amongst Park Place Plaza 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 Park Place Plaza.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Park Place Plaza.
Research