Most listings are in the $20's per square foot per year. The Downtown Hartford submarket is experiencing a decrease in rates. In the last 3 months, the median rate fell $8 per sqft per year. That's a 27% decrease in rent.
Compared to the rest of the Hartford market, the Downtown Hartford region has smaller rates, so you should have no trouble finding a great deal in this discounted region.
In the last 90 days, 21 listings have been made available, which means listings most likley are leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 5% of the available space in the Downtown Hartford are subleases, so you will probably need to sign a longer term lease with the landlord directly. 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 3,230 sqft, there are still 0 new listings below 2,000 sqft. Most buildings in this area are close to 12 floors. Most buildings in this market were built in 1942 and are Class A.
Manufacturing is the dominant industry in this market. Commute by car is the most popular way to get to work amongst Downtown Hartford folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.