First Hill Sublease

First Hill

Office Space Market Report

Number of Listings (last 90 days)
3
Median Rate ($/sqft/yr)
$48
Median Size (sqft)
4,080
As of: January 18, 2017

First Hill Rates

Compared to the rest of the Seattle Metropolitan Area market, the First Hill submarket has higher rates, and you'll need to pay a premium to be in this hot submarket.

First Hill Listing Supply

In the last 90 days, 3 listings have been made available, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 4,080 sqft, there are still 0 listings below 2,000 sqft. Most buildings in this market are close to 7 floors. Most buildings in this area were built in 1973 and are Class B.

First Hill Community

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

Market Data

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