2023 Office Space Rent & Sales
- $28.95 2023 Avg. Asking Rent
- 31.86% 2023 Office Vacancy Rate
Renton office price per square foot in 2023 was $28.95 on average. The local office market recorded an average vacancy rate of 31.86% 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
Renton, WA Office Asking Rents by Class
Office Spaces for Rent in Washington
Coworking Spaces in Washington
- Los Angeles Coworking Space
- Denver Coworking Space
- San Diego Coworking Space
- Las Vegas Coworking Space
- San Francisco Coworking Space
- Seattle Coworking Space
- Phoenix Coworking Space
- Irvine Coworking Space
- Salt Lake City Coworking Space
- Portland Coworking Space
- Sacramento Coworking Space
- Scottsdale Coworking Space
- Bellevue Coworking Space
- Long Beach Coworking Space
- Tacoma Coworking Space
- Carlsbad Coworking Space
- San Jose Coworking Space
- Oakland Coworking Space
- Pasadena Coworking Space
- Berkeley Coworking Space
2023 Office Construction in Renton, WA
| Office building | Address | SF | Completed |
|---|---|---|---|
| Valley Medical Pavilion | 4009 Talbot Road, 98055 | 150,000 | 2020 |
| Southport on Lake Washington - Building 1 | 1101 Lake Washington Blvd North, 98056 | 260,415 | 2019 |
| Southport on Lake Washington - Building 2 | 1101 Lake Washington Blvd North, 98056 | 243,815 | 2019 |
| Southport on Lake Washington - Building 3 | 1101 Lake Washington Blvd North, 98056 | 213,221 | 2019 |
| Glacier Building | 1200 Southwest 27th Street, 98057 | 153,718 | 2017 |
| Baker Building | 1300 Southwest 27th Street, 98057 | 118,409 | 2017 |
| Valley View Medical Park Building | 350 South 38th Court, 98055 | 37,882 | 2009 |
| IDC Medical Plaza | 1412 SW 43rd Street, 98057 | 60,916 | 2004 |
| 600 & 606 Oakesdale Avenue SW, 1300 SW 7th Street | 600 Oakesdale Avenue SW, 98057 | 95,315 | 2001 |
| Renton Park 405 | 801 SW 16th Street, 98057 | 436,853 | 1997 |
Worth noting among recent office completions on the Renton market is Valley Medical Pavilion, which is currently the largest new office development in the city, at 150,000 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
- Olympia Office Rent Price
- Bothell Office Rent Price
- Everett Office Rent Price
- Dallas Office Rent Price
- Los Angeles Office Rent Price
- Houston Office Rent Price
- San Diego Office Rent Price
- Miami Office Rent Price
- Charlotte Office Rent Price
- Washington Office Rent Price
- Denver 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 Renton 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.