The typical asking rate per listing is in the $20's per square foot per year. The Downtown Tacoma region is seeing a decline in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 10% decrease 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 submarket.
In the last 90 days, 9 listings have been posted online, which means new availabilities most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 200% of the available leases in the Downtown Tacoma are subleases, so you might be able to sign a shorter term by taking over a previous 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.
The standard measurement for office space in this area is around 660 sqft. Most buildings in this region are approximately 3 floors. Most buildings in this market were built in 1931 and are Class B.
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 region. Commute by public transit is the most popular way to get to work amongst Downtown Tacoma residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.