Most listings are in the $20's per square foot per year. The Downtown Hartford submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 5% decline in rent.
Compared to the rest of the Hartford market, the Downtown Hartford region has less expensive rates, so you should have no trouble finding a great deal in this discounted submarket.
In the last 90 days, 423 listings have come on the market, so you'll want to check back regularly for new listings. About 13% of the available leases in the Downtown Hartford are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 1,000 sqft. Most buildings in this region are approximately 12 stories. Most buildings in this region were built in 1932 and are Class A.
Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Hartford residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.
Real time and historical data on commercial real estate listings in Downtown Hartford.
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