Newport Sublease

Newport

Office Space Market Report

Number of Listings (last 90 days)
0
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
8,410
As of: May 23, 2017

Newport Rates

Compared to the rest of the Seattle Metropolitan Area market, the Newport region has greater rates, and you'll have to negotiate above asking rent to be in this hot region.

Newport Listing Supply

In the last 90 days, 0 listings have been listed, which means spaces are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About NaN% of the available leases in the Newport are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 8,410 sqft, there are still 0 leases below 2,000 sqft. Most buildings in this region are close to 2 floors. Most buildings in this market were built in 1983 and are Class A.

Newport Community

A large portion of this area is residential, but there's plenty of office_space. Utilities is the dominant industry in this region. Commute by public transit is the most popular way to get to work amongst Newport 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 Newport.
Market Report

Market Data

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