Downtown New Haven Office Space

Downtown New Haven

Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 20, 2016

Downtown New Haven Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown New Haven submarket is seeing a decrease in rates. In the last 3 months, the median rate fell $7 per sqft per year. That's a 24% decrease in rent.

Downtown New Haven Listing Supply

In the last 90 days, 10 listings have been posted online, which means office spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,320 sqft. Most buildings in this market are approximately 4 floors. Most buildings in this region were built in 1955 and are Class A.

Downtown New Haven Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Waste services is the dominant industry in this region. Most of the residents of Downtown New Haven work from home. Commuting around 10 minutes a day is the norm for those who opt to reside in this part of town.