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.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- 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
Office Spaces for Rent in Washington
Coworking Spaces in Washington
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2023 Office Construction in Kent, WA
| Office building | Address | SF | Completed |
|---|---|---|---|
| Kent Station - 321 Ramsay Way | 321 Ramsay Way, 98032 | 78,314 | 2005 |
| Benson Hill Professional Center | 24401 104th Ave SE, 98030 | 11,500 | 2004 |
| 24401 104th Ave SE | 24401 104th Ave SE, 98030 | 9,816 | 2003 |
| Covington Place | 16720 SE 271st Street, 98042 | 31,917 | 2002 |
| Windermere Plaza | 13106 SE 240th St, 98031 | 20,122 | 2000 |
| Meeker Street Law Office Building | 425 West Meeker Street, 98032 | 26,976 | 1998 |
| Harrison Street Square | 403 East Meeker Street, 98030 | 26,060 | 1997 |
| Kent Professional Center | 610 West Meeker Street, 98032 | 9,300 | 1992 |
| 115 E Willis St | 115 E Willis St, 98032 | 7,080 | 1991 |
| 115 E Willis St | 115 E Willis St, 98032 | 7,080 | 1991 |
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.
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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 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.