Seattle Retail

Seattle

Office Space Market Report

Number of Listings (last 90 days)
466
Median Rate ($/sqft/yr)
$33
Median Size (sqft)
3,600
As of: March 12, 2017

Seattle Rates

The typical asking rate per listing is in the $30's per square foot per year. The Seattle region is seeing a decrease in rates. In the last 3 months, the median rate decreased $1 per sqft per year. That's a 4% decrease in rent.

Seattle Listing Supply

In the last 90 days, 466 listings have come on the market, so you'll want to check back regularly for new listings. About 10% of the available leases in the Seattle 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 available, so finding a space for a small business might be tough.

Even though the median size is 3,600 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are approximately 3 floors. Most buildings in this region were built in 1982 and are Class A.

Seattle Community

Market Report

Trends and status of the commercial real estate market in Seattle.
Market Report

Market Data

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