2023 Office Space Rent & Sales
- $29.19 2023 Avg. Asking Rent
- 3.92% Y-o-Y Avg. Asking Rent Change
- 11.16% 2023 Office Vacancy Rate
Kent office price per square foot in 2023 was $29.19 on average. This marked a +3.92% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 11.16% across all asset classes combined.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Kent Class B Office Space$29.82
- Kent Class C Office Space$22.61
- Washington Class A & A+ Office Space$45.53
- Washington Class B Office Space$31.05
- Washington Class C Office Space$35.93
Kent, WA Office Asking Rents by Class
Coworking Spaces in Washington
- Los Angeles Coworking Space
- Denver Coworking Space
- San Francisco Coworking Space
- San Diego Coworking Space
- Las Vegas Coworking Space
- Seattle Coworking Space
- Phoenix Coworking Space
- Irvine Coworking Space
- Portland Coworking Space
- Sacramento Coworking Space
- Scottsdale Coworking Space
- Salt Lake City Coworking Space
- Long Beach Coworking Space
- San Jose Coworking Space
- Tacoma Coworking Space
- Oakland Coworking Space
- Bellevue Coworking Space
- Carlsbad Coworking Space
- Pasadena Coworking Space
- Berkeley Coworking Space
2023 Office Construction in Kent, WA
Office building | Address | SF | Completed |
---|---|---|---|
Kent Station - 321 Ramsay Way | 321 Ramsay Way, 98032 | 78,314 | 2005 |
Covington Place | 16720 SE 271st Street, 98042 | 31,917 | 2002 |
Meeker Street Law Office Building | 425 West Meeker Street, 98032 | 26,976 | 1998 |
Meeker Professional Building | 1103 W Meeker St, 98032 | 3,654 | 1994 |
Meeker Professional Building | 1103 W Meeker St, 98032 | 3,653 | 1994 |
Kent West Corporate Park - Bldg B | 21909 68th Avenue South, 98032 | 41,820 | 1990 |
Landing Center - Bldg D | 22627 68th Ave S, 98032 | 26,100 | 1989 |
823 & 841 Central Avenue North | 823 Central Avenue North, 98032 | 109,163 | 1987 |
CenterPointe Business Park | 18000 72nd Avenue South, 98032 | 101,377 | 1987 |
CenterPointe Business Park | 18000 72nd Ave S, 98032 | 101,347 | 1987 |
Worth noting among recent office completions on the Kent market is Kent Station - 321 Ramsay Way, which is currently the largest new office development in the city, at 78,314 square feet.
See reports for other markets
- Seattle Office Rent Price
- Bellevue Office Rent Price
- Spokane Office Rent Price
- Kirkland Office Rent Price
- Vancouver Office Rent Price
- Renton Office Rent Price
- Olympia Office Rent Price
- Bothell Office Rent Price
- Everett Office Rent Price
- Denver Office Rent Price
- Miami Office Rent Price
- Phoenix Office Rent Price
- Washington Office Rent Price
- Atlanta Office Rent Price
- Dallas Office Rent Price
- San Francisco Office Rent Price
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 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Kent 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.