Hartford Office Space

Hartford

Office Space Market Report

Number of Listings (last 90 days)
104
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,500
As of: February 21, 2017

Hartford Rates

The typical asking rate per listing is in the $20's per square foot per year. The Hartford submarket is going through a decline in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decrease in rent.

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

Hartford Listing Supply

In the last 90 days, 105 listings have been posted online, so you'll want to check back regularly for new listings. About 2% of the office spaces in the Hartford are subleases, so you will probably have to consider a longer term lease. 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 2,520 sqft, there are still 0 leases below 2,000 sqft. Most properties in this area are close to 3 stories. Most buildings in this area were built in 1939 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