Factoria Sublease

Factoria

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,040
As of: July 19, 2017

Factoria Rates

The typical asking rate per listing is in the $20's per square foot per year. The Factoria submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $15 per sqft per year. That's a 34% decline in rent.

Compared to the rest of the Seattle Metropolitan Area market, the Factoria region has lower rates, so you should have no trouble finding a great deal in this depreciated region.

Factoria Listing Supply

In the last 90 days, 0 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About Inf% of the office spaces in the Factoria 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,040 sqft. Most properties in this area are around 4 floors. Most buildings in this area were built in 1986 and are Class A.

Factoria Community

A large portion of this market is residential, but there's plenty of office_space. Education is the dominant industry in this market. Commute by motorcycle is the most popular way to get to work amongst Factoria folk. Commuting close to an hour 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 Factoria.
Market Report

Market Data

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