Quarterly average monthly rent for shopping center space in Seattle, U.S. 2020-2024
The average monthly asking rent for shopping center real estate in Seattle, Washington increased between 2020 and 2024. The average rent peaked in the third quarter of 2023, hitting 30.17 U.S. dollars per square foot. In the next two quarters, rents declined, reaching 29.42 U.S. dollars per square foot in the first quarter of 2024. Hawaii, San Francisco, and San Jose were the markets with the highest average shopping center rent in the U.S.