Discover Office Space for Rent in Seattle, WA

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Available Office Spaces for Lease in Seattle

Quick Stats for Seattle Office Space

There is currently 578 office space available for lease or rent in Seattle, Washington.

According to Newmark Knight Frank office market report, Seattle has:

  • About 61.7 million square feet total existing inventory
  • 4,809,855 square feet available for rent
  • Vacancy rate of 6.9.%

Office space for rent in Seattle is on average $43.31 per square feet ($3.61/sqft/mo), which is one of the priciest areas to rent in Puget Sound. Areas with affordable office space are South Seattle, Pioneer Square, Waterfront, Capitol Hill, and Central District. Other areas of Puget Sound with cheaper office space are Federal Way, Auburn, Renton, Seatac, Burien, and Tacoma.

Search Seattle office rental listings below for free and find commercial space to lease. This includes small office space, Coworking Space, Executive Suites, Shared Space, Creative Space, Condos, Office Buildings, Class A, Class B, Class C, and subleases.

Property Type

Location

Property Details

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7745-B 15th Ave NW, Seattle, WA 98117
1 Listing Available
Size:
  450 SF
Uses:
  Office

Orcas St, Seattle, WA 98108
1 Listing Available
Size:
  120 SF
Uses:
  Office

3307 NE 65th St, Seattle, WA 98115
1 Listing Available
Size:
  1,410 SF
Uses:
  Office

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Overview of Seattle, WA Office Space Rental Market

Seattle Office Space and Property Rental Market

The Seattle office rental market is one largest amongst the several areas of Puget Sound. This city has 61,716,909 sf of office inventory, however availability is very tight. The vacancy rate is 6.9% – which means for every 100 office buildings and spaces, there are 6-7 available for rent. Because of the high tenant demand in Seattle, renting office space is much pricier here than other areas of Puget Sound. Office prices can range from $33.27 to $47.60 per square feet. The areas with affordable office space in Seattle area are Capitol Hill, Pioneer Square, Waterfront, South Seattle, Queen Anne, Magnolia, and Central District.

New Office Property for Rent Under Construction in Seattle

There are 8,830,358 square feet of office buildings and spaces being developed in Puget Sound Market. Most of these office projects are located in Downtown Seattle, Southend, and Eastside. Downtown Seattle has a total of 6,640,063 square feet of office under construction located mainly in Ballard, Capitol Hill, Lake Union, and Seattle CBD. Other areas with new office develope are in Kirkland, Bellevue, Renton, Tukwila, Seatac, Burien, and Tacoma.

Seattle Largest Office Space and Property Transactions in Q1, 2019

The Puget Sound market is showing high tenant and buyer activity, especially amongst the tech industry. There was at least 2.5 million square feet of large office lease and sale transactions – most of them occurred in Seattle CBD. Facebook was one of the largest lease transactions in the area, renting 337,996 square feet of commercial office. Other key transactions were T-Mobile (162K SqFt) and WeWork (50K SqFt).