Connecticut Industrial

Connecticut

Office Space Market Report

Number of Listings (last 90 days)
1,037
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
2,360
As of: February 20, 2017

Connecticut Rates

The typical asking rate per listing is in the $20's per square foot per year. The Connecticut submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 9% decline in rent.

Connecticut Listing Supply

In the last 90 days, 1034 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the listings in the Connecticut are subleases, so you will probably have to consider a longer term lease. 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 2,390 sqft. Most buildings in this region are around 2 floors. Most buildings in this area were built in 1979 and are Class A.

Connecticut Community

Market Report

Trends and status of the commercial real estate market in Connecticut.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Connecticut.
Research