2024 Office Space Rent & Sales
- $25.10 2024 Avg. Asking Rent
- 10.84% 2024 Office Vacancy Rate
Everett office price per square foot in 2024 was $25.10 on average. The local office market recorded an average vacancy rate of 10.84% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Washington Class A & A+ Office Space$43.88
- Washington Class B Office Space$28.21
- Washington Class C Office Space$20.51
Everett, WA Office Asking Rents by Class
Office Spaces for Rent in Washington
Coworking Spaces in Washington
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2024 Office Construction in Everett, WA
- Everett, WA Total SF under construction in 2025 154,000
| Office building | Address | SF | Completed |
|---|---|---|---|
| Evergreen Summit | 15 SW Everett Mall Way, 98204 | 25,360 | 2008 |
| Quadrant I-5 Corporate Park - Building B | 808 134th Street SW, 98204 | 68,574 | 1999 |
| 500 SE Everett Mall Way | 500 SE Everett Mall Way, 98208 | 20,000 | 1999 |
| Twin Creeks Center | 500 SE Everett Mall Way, 98208 | 10,300 | 1999 |
| North Sound Tower | 2707 Colby Avenue, 98201 | 145,000 | 1994 |
| Colby Center | 2825 Colby Avenue, 98201 | 41,180 | 1994 |
| 332 SW Everett Mall Way | 332 SW Everett Mall Way, 98204 | 89,672 | 1993 |
| Everett Mall Office Park II & III | 906 SE Everett Mall Way, 98208 | 199,907 | 1986 |
| Maple Gardens Office Park | 9505 19TH AVE SE, 98208 | 19,526 | 1986 |
| 3224 Wetmore Avenue | 3224 Wetmore Avenue, 98201 | 17,382 | 1986 |
Worth noting among recent office completions on the Everett market is Evergreen Summit, which is currently the largest new office development in the city, at 25,360 square feet.
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This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Everett commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.