2218-2220 Western Ave
Seattle, WA 98121
Property For Lease

Located just steps from Pike Place Market, the Seattle waterfront, and the downtown Retail Core, this office space sits in the heart of Belltown. One of Seattle’s most dynamic and walkable neighborhoods. Known for its mix of art galleries, cafés, boutiques, and nightlife, Belltown is home to a youthful and growing population, with 368,000 residents within a five-mile radius and an average age of 37.7 years. The area experienced a 2.7% population increase between 2020 and 2024, and continues to attract a highly educated workforce, with 65% of residents holding college degrees and over 638,000 employed in service-producing industries. Seattle’s thriving tech sector and critical mass of talent continue to drive demand for flexible office space, making this location especially attractive to employers seeking proximity to innovation hubs. The property benefits from excellent accessibility, with five public transit stops within one mile and King Street Station just 1.6 miles away. It also offers logistical advantages due to its proximity to Seattle-Tacoma International Airport and Kenmore Air Harbor, enhancing connectivity for regional and national business operations. Tenants will also benefit from the transformative Waterfront Seattle Core Projects, which include a new pedestrian promenade, two-way cycle track, rebuilt public piers, new parks, and enhanced pedestrian connections between the city and the waterfront. These developments are increasing traffic flow, improving accessibility, and infusing the area with vibrant energy that attracts both locals and visitors. Compared to peer markets, Seattle remains an affordable option for premium office space. Rents for four- and five-star offices are approximately 30% lower than similar spaces in San Jose, offering exceptional value. Downtown Bellevue continues to be the Puget Sound region’s most active office submarket, with its central business district expanding by more than one-third since 2020. Overall, the Seattle metro area demonstrates strong economic fundamentals, supported by a diverse industry base, global connectivity, and a highly educated workforce. The region’s long-term economic outlook remains positive, making this Belltown office space a strategic and compelling choice for forward-thinking businesses.