Downtown Tacoma Sublease

Downtown Tacoma

Office Space Market Report

Number of Listings (last 90 days)
7
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
9,160
As of: December 7, 2016

Downtown Tacoma Rates

Most listings are in the $20's per square foot per year. The Downtown Tacoma submarket is experiencing a decrease in rates. In the last 3 months, the median rate decreased $5 per sqft per year. That's a 18% decline in rent.

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

Downtown Tacoma Listing Supply

In the last 90 days, 7 listings have been posted online, which means new listings most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. 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 9,160 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are close to 3 floors. Most buildings in this region were built in 1927 and are Class B.

Downtown Tacoma Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Wholesale trade is the dominant industry in this market. Commute by public transit is the most popular way to get to work amongst Downtown Tacoma occupants. 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 Downtown Tacoma.
Market Report

Market Data

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

Tacoma Submarkets