How it works?
Browse the best space deals in the entire market on your own time.
Level the playing field. In an ever changing market, you need an expert on your side.
Your local advisor will conduct a comprehensive survey and schedule tours.
Have peace of mind knowing that your advisor will get you the best possible deal.
Seattle, WA, is a dynamic and influential hub in the Pacific Northwest, attracting businesses from technology, retail, logistics, and professional services. The city’s commercial real estate landscape is diverse and adaptive, offering a blend of office, retail, industrial, and coworking spaces. As a major metropolitan area with strong economic activity, Seattle remains a preferred location for both startups and established enterprises seeking strategic business environments.
According to TenantBase data, storefront/retail spaces are in the highest demand, making up 46.8% of tenant searches, followed by office spaces at 28.9%. Industrial and warehouse spaces represent 24.8% of searches, reflecting the city’s vital role in regional distribution. Coworking spaces remain a niche, comprising just 0.1% of searches, indicating that flexible workspace models are still emerging compared to traditional office setups.
Popular tenant search areas for Seattle commercial real estate include the city itself (21.0%), Bellevue (6.9%), and Kent (4.4%), with other notable locations being Renton, Tacoma, and Redmond. This distribution highlights the centrality of Seattle as the core business district while also acknowledging the growing significance of surrounding cities.
Lease term preferences show a significant focus on flexibility, with 19.7% of leases lasting 1-2 years. However, longer commitments are also prevalent, with 19.2% of leases ranging from 3-5 years, indicating a dual trend of short-term agility and long-term stability.
TenantBase is a technology platform built specifically for tenants. We make the process to find and lease space easier by combining our unique technology with experienced local commercial real estate brokers.