Hartford County Flex/Industrial Market Overview
The Hartford County Flex/Industrial Market is comprised of approximately 114,400,000 square feet of inventory. The 3rd Quarter 2017 vacancy rate in Hartford County is 5.0%, 190 basis points lower than the 3rd Quarter 2016 rate, and 261 basis points lower than the ten year average. The 3rd Quarter 2017 availability rate, which includes space being marketed that is still under lease, is 7.4%, a decrease of 90 basis points year over year. At $4.82 per square foot triple net, the average asking rent is 9.0% higher than the 3rd Quarter 2016 rate and 9.0% higher than the ten year average.
Source(s): CoStar