2024 Office Space Rent & Sales
- $26.62 2024 Avg. Asking Rent
- 73.20% 2024 Office Vacancy Rate
Lacey office price per square foot in 2024 was $26.62 on average. The local office market recorded an average vacancy rate of 73.20% 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
Lacey, WA Office Asking Rents by Class
Coworking Spaces in Washington
- Los Angeles Coworking Space
- Denver Coworking Space
- San Diego Coworking Space
- San Francisco Coworking Space
- Las Vegas Coworking Space
- Seattle Coworking Space
- Phoenix Coworking Space
- Portland Coworking Space
- Irvine Coworking Space
- Sacramento Coworking Space
- Scottsdale Coworking Space
- Salt Lake City Coworking Space
- Bellevue Coworking Space
- Oakland Coworking Space
- San Jose Coworking Space
- Carlsbad Coworking Space
- Long Beach Coworking Space
- Tacoma Coworking Space
- Pasadena Coworking Space
- Berkeley Coworking Space
2024 Office Construction in Lacey, WA
| Office building | Address | SF | Completed |
|---|---|---|---|
| 8685 Martin Way E | 8685 Martin Way E, 98516 | 2,205 | 2017 |
| 6th & Woodland Building | 673 Woodland Square Loop SE, 98503 | 59,990 | 2008 |
| Lacey Corporate Center | 5210 Corporate Center CT SE, 98503 | 8,300 | 2005 |
| Corporate Campus Building | 4525 Intelco Loop SE, 98503 | 45,699 | 2004 |
| BellTowne Centre | 4200 6th Ave SE, 98503 | 46,395 | 2001 |
| 640 Woodland Square Loop SE | 640 Woodland Square Loop SE, 98503 | 85,238 | 2000 |
| Northshore Corporate Center | 8613 - 8621 Martin Way E, 98516 | 12,000 | 1993 |
| The Hub at Lacey - Woodland Center Buildings | 676 Woodland Square Loop SE, 98503 | 138,003 | 1989 |
| Sixth Avenue Center - Building 3 | 4317 6th Avenue SE, 98503 | 31,317 | 1989 |
Worth noting among recent office completions on the Lacey market is 8685 Martin Way E, which is currently the largest new office development in the city, at 2,205 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
- Tacoma Office Rent Price
- Federal Way Office Rent Price
- Issaquah Office Rent Price
- Kent Office Rent Price
- San Francisco Office Rent Price
- Miami Office Rent Price
- Charlotte 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 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 Yardi Research Data, a market intelligence solution which offers comprehensive real market knowledge on all Lacey 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 Yardi Research Data can guarantee that the information provided is complete.