Quick reference: Seattle Class A rent is 52 USD/sqft ($52 USD), typical term 10 years, 16 months free.
Class A rent: 52 USD/sqft/yr ($52 USD).
Typical term: 10 years.
Typical rent-free: 16 months.
Vacancy: 26.4%.
Seattle Class A office: frequently asked questions
Quick reference: Seattle Class A rent is 52 USD/sqft ($52 USD), typical term 10 years, 16 months free.
TL;DR
Class A rent: 52 USD/sqft/yr ($52 USD).
Typical term: 10 years.
Typical rent-free: 16 months.
Vacancy: 26.4%.
Quick reference
Use this page as the fast-answer reference for Seattle. Deep coverage lives on the city page, the topic pages, and the comparison views.
Key facts
city
Seattle
country
United States
region
Americas
classARentLocal
52 USD/sqft/yr
classARentUsd
$52/sqft/yr
vacancy
26.4%
typicalLeaseYears
10
typicalRentFreeMonths
16
submarkets
5
primeYieldPct
6.7%
Frequently asked questions
How much vacancy is structural versus cyclical?
A meaningful share is cyclical — driven by the 2022-2024 tech right-sizing — but office return rates in the Pacific Northwest remain among the lowest in the US, suggesting a structural component.
Is Bellevue a true alternative to downtown Seattle?
Yes. Amazon's Bellevue expansion, plus East Link light rail, has structurally re-rated Bellevue as a trophy market on par with downtown Seattle.
What is the Seattle JumpStart tax impact?
JumpStart applies to total Seattle payroll above $7M, taxed at 0.7-2.4% on compensation above $174,337. Material for high-headcount Seattle-based tenants.