Most listings are in the $20's per square foot per year. The Downtown Hartford submarket is going through a decline in rates. In the last 3 months, the median rate fell $1 per sqft per year. That's a 6% decline in rent.
Compared to the rest of the Hartford market, the Downtown Hartford region has lower rates, so you should have no trouble finding a great deal in this undervalued region.
In the last 90 days, 65 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the listings in the Downtown 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.
The standard measurement for office space in this area is around 1,090 sqft. Most buildings in this market are close to 12 floors. Most buildings in this region were built in 1942 and are Class A.
Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Hartford residents. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.