Connecticut Industrial

Connecticut

Office Space Market Report

Number of Listings (last 90 days)
835
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
3,000
As of: January 19, 2017

Connecticut Rates

On average, listings lease in the $20's per square foot per year. The Connecticut region is experiencing a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 7% decline in rent.

Connecticut Listing Supply

In the last 90 days, 851 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the office spaces in the Connecticut are subleases, so you will probably have to focus your search on direct office leases. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this market are approximately 2 stories. Most buildings in this region 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