Lake Union Retail

Lake Union

Office Space Market Report

Number of Listings (last 90 days)
Median Size (sqft)
As of: October 24, 2016

Lake Union Rates

The typical asking rate per listing is in the $0's per square foot per year. The Lake Union region is seeing a decrease in rates. In the last 3 months, the median rate decreased $29 per sqft per year. That's a 100% decrease in rent.

Lake Union Listing Supply

In the last 90 days, 3 listings have come on the market, which means spaces most likley are 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.

Even though the median size is 18,980 sqft, there are still 0 new availabilities below 2,000 sqft. Most properties in this region are approximately 2 stories. Most buildings in this region were built in 1980 and are Class B.

Lake Union Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this region. Commute by taxi is the most popular way to get to work amongst Lake Union 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 Lake Union.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Lake Union.