Redmond is a prime-tier Class A submarket of Seattle with average asking rent around $44/sqft/yr.

  • Microsoft's home campus and adjacent inventory.
  • Prime tier — ~$44/sqft/yr.
  • Active Class A leasing market with deal flow across major broker desks.

Redmond, Seattle — Class A submarket

Microsoft's home campus and adjacent inventory. · Tier: prime · Avg rent: $44/sqft/yr

TL;DR

  • Microsoft's home campus and adjacent inventory.
  • Prime tier — ~$44/sqft/yr.
  • Active Class A leasing market with deal flow across major broker desks.

Overview

Redmond hosts Microsoft's main campus and a deep belt of adjacent Class A inventory serving Microsoft partner ecosystem and Bellevue overflow.

Tenant profile

Tech (Microsoft anchor), gaming, AI, professional services.

Typical specification

15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.

Transit

East Link Redmond extension (2025).

Multi-modal transit captures the metro's principal professional catchment.

Amenities

Microsoft Connector network, Marymoor Park.

Comparable buildings

  • Microsoft Building 122
  • ESTERRA Park
  • Center 425

Where Redmond sits in Seattle

Redmond is one of 5 Class A submarkets we cover in Seattle, classified as prime tier with an average asking rent around $44/sqft/yr. Compared with the broader Seattle Class A stock, Redmond typically attracts Tech (Microsoft anchor), gaming, AI, professional services and competes most directly with the city's other prime submarkets on building specification, transit access, and amenitisation.

Adjacent submarkets to study alongside Redmond: Downtown CBD, South Lake Union, Bellevue, Pioneer Square. The full Seattle submarket atlas is at /cities/seattle.

Topic deep-dives for Redmond

For an institutional Class A occupier evaluating Redmond, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:

Related glossary

Terminology specific to Seattle Class A leasing and to the prime tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

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