South Lake Union Commercial Office Space for Rent

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Renting Commercial Office Space in South Lake Union

South Lake Union remains the epicenter of Seattle's tech and life sciences economy. Despite broader market volatility, it continues to offer the most stable demand in the city, anchored by Amazon’s global headquarters and a dense cluster of biotech firms (Source: Commercial Seattle 2026 Insights). While sub-lease availability has been a factor, the neighborhood’s high-quality Class A inventory is the primary beneficiary of the "flight-to-quality" trend. 2026 is the year of "Inventory Normalization." With no new office groundbreakings, the surplus of tech space is projected to be steadily absorbed by mid-sized AI and biotech startups. Investors are entering the market now to capture value before the West Seattle Link Extension begins to significantly drive long-term property appreciation (Source: SJA Property Management 2026 Guide).

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Popular Properties in the South Lake Union Neighborhood

Suite Rates in South Lake Union

Suite Sizes in South Lake Union

Neighborhood Comparison

Neighborhood Average Available SQFT Average Rate / SQFT PER Month NUMBER OF AVAILABLE SUITES
Bainbridge Island 400 $1.59 / SF < 30
Bellevue 1,200 $2.93 / SF 305
Bremerton 1,800 $1.38 / SF 68
Buckley 30,000 - < 30
Capitol Hill 1,900 $2.66 / SF 36
Central Business District 3,900 $2.53 / SF 430
Covington 1,400 - < 30
Denny Triangle 2,800 $2.41 / SF 171
Enumclaw 4,400 - < 30
Everett 1,700 $1.87 / SF 37
Federal Way 2,300 $1.50 / SF 101
Kent 2,200 $1.87 / SF 257
Lakewood 2,300 $1.19 / SF 54
Maple Valley - - < 30
Marysville 1,400 $2.58 / SF < 30
Olympia 1,100 $1.69 / SF 30
Pike / Pine 4,300 $2.74 / SF 347
Port Orchard 1,200 $1.50 / SF < 30
Puyallup 5,100 $0.58 / SF < 30
Renton 1,900 $1.92 / SF 185
Shelton 2,600 $1.92 / SF < 30
Southcenter 1,700 $1.99 / SF 147
Tacoma 2,400 $1.73 / SF 264
University District 1,600 $2.67 / SF 32
Uptown Seattle 1,700 $2.45 / SF 67
*All data is from sources we deem reliable and is tracked to provide tenants an understanding of market and submarket conditions, however we cannot guarantee accuracy and all data should be confirmed prior to any use in the lease or purchase of real property.