Seattle is the major city and seaport of Washington and is situated in the Northwest area of the USA. The city got its name after Chief Seattle of the Duwamish and the Squamish tribes. The Seattle-Tacoma-Bellevue metropolis area is known to be the 15th largest area in USA. The city is the county seat of King County and is known to be the economic, educational and cultural development center of Washington. The estimated population of Seattle around April 2009 was 602,000. Being located so close to Portland (it's about a 3 hour drive) is important for the local Seattle commercial real estate market, as the two cities support each other and strengthen the local economies (and job market)
If you are looking for Seattle executive office suite then the best areas to search for are Bellevue, Downtown, West Lake Union, Financial District, Redmond and Issaquah. As stated before, Seattle is the economic hub of the state and potential tenants can find many well equipped buildings that offer executive office suites. Although it depends on the terms of the lease agreement, most Seattle executive office suites are available on 6 month to one year terms and the rent will be due every month for each office
The rental rates for Seattle executive office suites usually depend on the area and floor plan and can vary from $300 to $4200. Some offices in Seattle offer fully furnished executive office suites with parking spaces and grand reception areas. Other amenities that can be negotiated with the landlord might be meeting rooms, conference suites, lounge areas, kitchen, gyms, telephone answering, broadband access, cat 5 cabling, AV equipment, videoconferencing, security system, IT support, secretarial services, ISDN and a 24 hour strong security and access. Our expert help is part of our free service. Other listings we offer in the Seattle local area are Burien, Capitol Hill, Downtown Metro, Dupont, Edmonds, Everett and Fremont.
Seattle, WA serves as the headquarters to six Fortune 500 companies. They are Chase (formerly known as Washington Mutual), Amazon.com, Starbucks, Nordstrom, Safeco and Expeditors International. In April 2008 the sale of Safeco was announced to the Liberty Mutual Group. In September 2008 Washington Mutual was seized by FDIC and was sold to the JPMorgan Chase. Other Fortune 500 companies that operate in Seattle are located in the nearby Puget Sound cities. The other large companies that are headquartered in Seattle are Warehouse club chain Costco, Microsoft, Nintendo of America, Weyerhaeuser, T-Mobile USA and PACCAR. We research and review many other large real estate markets in our office space articles section.
The largest aerospace manufacturer, Boeing, was headquartered in Seattle before they moved away to Chicago. However, the largest division of the company is still headquartered in Renton and the company still has its largest aircraft manufacturing units in Renton and Everett. Boeing is still the largest employer of the city. The biotech industry made its way in the city in 2006 and they are settled around the South Lake Union area. The companies that have settled down are Corixa (now a part of GlaxoSmithKline), Immunex (a part of Amgen), Vulcan, Zymogenetics and Trubion. Paul Allen is behind this development in the city and the city has seen a new economic boom. Expansion Magazine in 2006 ranked Seattle in the top 10 metropolitan cities for a favorable business expansion. Forbes Magazine in 2005 ranked Seattle as the most expensive city to buy a house for the low income level.
The median income of the city was last estimated in 2005. The average family income was calculated at $72,195. Per capita income of the city was $30,306 and around 11.8% of the total population was estimated to be below the poverty line.
Crime rates as a whole went down in 2008 by 4% but the city saw an increase in other crimes like robbery and rape