City Center North Sublease

City Center North

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
8,120
As of: August 16, 2017

City Center North Rates

On average, listings lease in the $40's per square foot per year. The City Center North region is seeing a a boost in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 1% rise in rent.

Compared to the rest of the Seattle Metropolitan Area market, the City Center North submarket has more expensive rates, and you'll have to negotiate above asking rent to be in this hot region.

City Center North Listing Supply

In the last 90 days, 3 listings have been posted online, which means listings are probably going fast. You'll want to be prepared to make an offer immediately. About 100% of the available space in the City Center North are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 8,120 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are close to 20 floors. Most buildings in this region were built in 2008.

City Center North Community

A large portion of this market is residential, but there's plenty of office_space. Information is the dominant industry in this market. Most of the folk of City Center North work from home. Commuting approximately 15 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 City Center North.
Market Report

Market Data

Real time and historical data on commercial real estate listings in City Center North.
Research