Hartford County Flex/Industrial Market Overview

The Hartford County Flex/Industrial Market is comprised of 115,070,000 square feet of inventory.  As of mid-2nd Quarter 2018 the vacancy rate in Hartford County is 5.2%, 40 basis points lower than the 2nd Quarter 2017 rate, and 226 basis points lower than the ten year average. The current availability rate, which includes space being marketed that is still under lease, is 7.4%, a decrease of 50 basis points year over year.  At $4.75 per square foot triple net, the average asking rent is 0.8% higher than the previous year and 7.1% higher than the ten year average.