North Meadows Industrial

North Meadows

Office Space Market Report

Number of Listings (last 90 days)
4
Median Rate ($/sqft/yr)
$16
Median Size (sqft)
4,500
As of: January 16, 2017

North Meadows Rates

Most listings are in the $10's per square foot per year. The North Meadows region is experiencing a decrease in rates. In the last 3 months, the median rate fell $3 per sqft per year. That's a 14% decline in rent.

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

North Meadows Listing Supply

In the last 90 days, 7 listings have been made available, which means office spaces are probably going fast. You'll want to be prepared to make an offer immediately. 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 7,630 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are approximately 1 floors. Most buildings in this market were built in 1980 and are Class B.

North Meadows Community

Public administration is the dominant industry in this market. Most of the folk of North Meadows work from home. Commuting more than an hour and a half a day is the norm for those who opt to reside in this part of town.

Market Report

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

Market Data

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