Connecticut Industrial

Connecticut

Office Space Market Report

Number of Listings (last 90 days)
10,097
Median Rate ($/sqft/yr)
$27
Median Size (sqft)
3,500
As of: August 17, 2017

Connecticut Rates

On average, listings lease in the $20's per square foot per year. The Connecticut submarket is going through a decrease in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 7% decrease in rent.

Connecticut Listing Supply

In the last 90 days, 1197 listings have come on the market, so you'll want to check back regularly for new listings. About 74% of the listings in the Connecticut are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 3,500 sqft, there are still 0 listings below 2,000 sqft. Most properties in this market are approximately 2 floors. Most buildings in this market were built in 1977 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