Downtown Tacoma Sublease

Downtown Tacoma

Office Space Market Report

Number of Listings (last 90 days)
9
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
660
As of: August 21, 2017

Downtown Tacoma Rates

On average, listings lease in the $20's per square foot per year. The Downtown Tacoma submarket is seeing a an increase in rates. In the last 3 months, the median rate increased $1 per sqft per year. That's a 6% rise in rent.

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

Downtown Tacoma Listing Supply

In the last 90 days, 9 listings have been made available, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 100% of the office spaces in the Downtown Tacoma 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 posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 660 sqft. Most properties in this region are approximately 3 floors. Most buildings in this region were built in 1937 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 area. Commute by public transit is the most popular way to get to work amongst Downtown Tacoma 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 Downtown Tacoma.
Market Report

Market Data

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

Tacoma Submarkets