Compared to the rest of the Seattle Metropolitan Area market, the Downtown Bellvue submarket has greater rates, and you'll have to negotiate above asking rent to be in this hot submarket.
In the last 90 days, 29 listings have been posted online, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. About 107% of the available space in the Downtown Bellvue 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 posted, so finding a space for a small business might be tough.
Even though the median size is 3,370 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this area are approximately 9 stories. Most buildings in this market were built in 1983 and are Class A.
This area is fairly equally mixed residential and commercial. Wholesale trade is the dominant industry in this area. Commute by walking is the most popular way to get to work amongst Downtown Bellvue folk. Commuting around 15 minutes a day is the norm for those who opt to reside in this part of town.