South Lake Union is best-fit for tech (amazon dominant), biotech, healthcare technology.
South Lake Union is best-fit for tech (amazon dominant), biotech, healthcare technology.
Tech (Amazon dominant), biotech, healthcare technology.
Cost-sensitive operations and back-office functions are usually a poor fit — the rent premium is real and is paid for brand and address.
| city | Seattle |
|---|---|
| submarket | South Lake Union |
| tier | trophy |
| averageRentLocal | $60/sqft/yr |
| cityClassARentUsd | $52/sqft/yr |
| cityVacancyPct | 26.4% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.