Downtown Hartford Sublease

Downtown Hartford

Office Space Market Report

Number of Listings (last 90 days)
65
Median Rate ($/sqft/yr)
$23
Median Size (sqft)
1,210
As of: June 24, 2017

Downtown Hartford Rates

On average, listings lease in the $20's per square foot per year. The Downtown Hartford region is going through a a boost in rates. In the last 3 months, the median rate went up $23 per sqft per year.

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 depreciated submarket.

Downtown Hartford Listing Supply

In the last 90 days, 65 listings have come on the market, so you'll want to check back regularly for new listings. About 95% of the office spaces in the Downtown Hartford are subleases, so you might be able to sign a shorter term by taking over a previous 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.

The standard measurement for office space in this area is around 1,210 sqft. Most buildings in this region are around 12 floors. Most buildings in this market were built in 1942 and are Class A.

Downtown Hartford Community

Manufacturing is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Downtown Hartford occupants. Commuting between 30 and 45 minutes 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 Downtown Hartford.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Hartford.
Research