Office Space for Rent Seattle

Office Rental Seattle | Shared Office Space | Virtual Offices

Offices.net is pleased to present Seattle office spaces available now for immediate occupation, with convenient rental terms. Many of our flexible office solutions offer temporary, flexible rental contracts, offering you the benefits of a wide range of facilities and a prestigious address in Seattle, WA, with the ability to move into a fully furnished and wired office space for lease and get straight to business.

Finding Office Space in Seattle, Washington

Seattle's downtown area is comprised of more than 62 million square feet of office space, and there are other large pockets of inventory in Eastside, Renton, and Auburn. In addition to that, there are approximately 6 million square feet of so-called trophy Class A office space, which is at the high end of price scale regarding lease rates and can command rents as high as $65 / sq ft/year. Trophy space is located in downtown Seattle, mostly in 2nd Avenue and 3rd Ave, Union Street, and Stewart Street.

Seattle, WA also offers a selection of premier buildings with high specifications whose average lease rates are approximately $40 / sq ft/year. These are mostly located in Second & Seneca, Fifth Avenue Plaza, Columbia Center, and One Union Square. On the whole, rental rates are expected to keep rising, except for Class B offices in the CBD, which are already experiencing a drop in asking rates and may become the go-to option for companies looking to downsize. The priciest offices are in South Seattle, where average rental rates are above $45, and the most inexpensive properties are in suburban sub-markets like Seatac and Tukwila.

The market outlook is positive given that there are 3.8 million square feet of brand new space to be delivered between 2017 and 2019, mostly in Madison Street, Dexter Avenue, Second Avenue, and Alaskan Way. Another trend that is expected to consolidate itself in the near future is the growth of coworking office spaces in Seattle, which is approaching 1 million square feet across the city and is set to create an even more competitive market.

Turn-key Office Spaces in Seattle, WA

Offices.net provides businesses of all sizes with exceptional office spaces for lease in Seattle including collaborative spaces in Seattle, executive office suites, flexible office solutions, open plan shared office spaces for lease and virtual solutions. Most of the office space for lease we feature is fully furnished and wired, enabling you to move in and get busy without any additional costs or downtime. With an exceptional range of business support services and facilities such as bike storage, onsite parking, event space and more included, your business can be assured of an easy transition into its new Seattle office space for rent.

Seattle Commercial Space for Business: What you need to know

Seattle, WA is the largest city in the Pacific Northwest and one of the nation's top 15 largest metropolitan areas by GDP output. The city has received a range of accolades and recognition, such as the 6th Best City to Live and the Fastest-Growing Big City in the United States.

Major Industries: The city was an influential industrial and manufacturing hub until the mid 20th century. From the 1980s onwards, Seattle's economy experienced large-scale diversification, mainly due to the expansion of the technology sector. The establishment of companies like Microsoft and Amazon was behind the creation of hundreds of spin-offs and generated a massive restructuring of high-value industry sectors that are now paramount to the local economy.

The ongoing expansion of the tech sector is supported by Seattle's labor market, which has a steady supply of specialized talent. In 2016, the city ranked 3rd in the Best Tech Cities in the U.S. Index, and there is high demand for professionals like system analysts, IT application developers for healthcare, web and database developers, software engineers, security specialists, and IT project managers. Other large occupational groups are the trade, transportation and utilities, professional and business services, financial services, and construction.

Corporate Environment: There are eight Fortune 500 companies based in the city, along with a mix of long-established corporates and relatively new companies, most of which are key players in tech and creative space sector. The largest employers are Boeing (which employs 80,000 people), Walmart, Amazon, Microsoft, the University of Washington, Providence Health & Services, Lewis-McChord Joint Base, Starbucks, the City of Seattle, Nordstrom, Costco, and Swedish Health Services.

Business Incentives and Support: The city's business environment is clearly supportive of new ventures, and according to Forbes, Seattle is among the top 10 Best Places in the U.S. for Business. Moreover, the Kauffman Index of Start-Up Activity ranks the city in 16th place and gives high scores to areas like start-up density, which is higher than in San Francisco, Chicago, and Washington DC. Some useful organizations providing support and information include the Seattle Entrepreneurship Club, Seattle Tech Meetup, SCORE, and Startup Seattle. For information on business incentives and tax relief schemes, contact the City of Seattle, Washington State Department of Commerce, and King County Economic Development Corporation.

Seattle Workspace Solutions

Whether you are looking for short or long term flexible office space, are looking for Seattle retail space, need access to shared office space for rent or just want a virtual business address in Seattle, we can help. Give us a call and speak to one of our Seattle experts today.