Hartford County Office Market Overview

The Hartford County Office Market is comprised of 59,390,000 square feet of inventory.  As of the 2nd Quarter 2017 the vacancy rate in Hartford County is 9.4%; 41 basis points lower than the ten year average and 10 basis points higher than the 2nd Quarter 2017 rate.  The current availability rate, which includes space being marketed that is still under lease, is 11.4%, a decrease of 140 basis points year over year.  At $20.12 per square foot gross, the average asking rent is 1.4% higher than the previous year and 6.1% higher than the ten year average.

Source: CoStar