Hartford Industrial

Hartford

Office Space Market Report

Number of Listings (last 90 days)
59
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
3,710
As of: December 2, 2016

Hartford Rates

On average, listings lease in the $10's per square foot per year. The Hartford submarket is going through a decrease in rates. In the last 3 months, the median rate fell $9 per sqft per year. That's a 33% decrease in rent.

Compared to the rest of the Hartford market, the Hartford submarket has lower rates, so you should have no trouble finding a great deal in this undervalued region.

Hartford Listing Supply

In the last 90 days, 60 listings have come on the market, so you'll want to check back regularly for new listings. About 2% of the available leases in the Hartford are subleases, so you will probably need to consider the implications of signing a direct lease with the building. 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 3,710 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this region are around 3 floors. Most buildings in this market were built in 1955 and are Class A.

Hartford Community

Market Report

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

Market Data

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