2024 Office Space Rent & Sales
- $22.47 2024 Avg. Asking Rent
- 0.81% Y-o-Y Avg. Asking Rent Change
- 19.16% 2024 Office Vacancy Rate
Hartford office price per square foot in 2024 was $22.47 on average. This marked a +0.81% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 19.16% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2024 Average Office Rent per Square Foot
- Hartford Class A & A+ Office Space$22.84
- Hartford Class B Office Space$19.11
- Connecticut Class A & A+ Office Space$31.22
- Connecticut Class B Office Space$20.66
Hartford, CT Office Asking Rents by Class
2024 Office Vacancy Rates in Hartford
| Submarket | Asking Rents | Vacancy Rates |
|---|---|---|
| Hartford - Downtown | $22.70 | 17.66% |
| Greater Hartford | $19.08 | 24.14% |
Office Spaces for Rent in Connecticut
- New York City Office Space
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Coworking Spaces in Connecticut
- New York City Coworking Space
- Manhattan Coworking Space
- Washington Coworking Space
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- Charlotte Coworking Space
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- Richmond Coworking Space
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- Asheville Coworking Space
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| Office building | Address | SF | Completed |
|---|---|---|---|
| Hartford 21 | 241 Trumbull Street, 06103 | 162,257 | 2006 |
| Capitol Place | 21 Oak Street, 06106 | 113,000 | 1990 |
| Goodwin Square | 225 Asylum Street, 06103 | 339,728 | 1989 |
| CityPlace II | 185 Asylum Street, 06103 | 292,039 | 1989 |
| Commerce Park | 40 Weston Street, 06120 | 70,000 | 1988 |
| State House Square | 90 State House Square, 06103 | 844,813 | 1987 |
| State House Square | 10 State House Square, 06103 | 366,313 | 1987 |
| Hartford Square North | 10 Columbus Blvd, 06106 | 229,303 | 1986 |
| Constitution Plaza - 200 Constitution Plaza | 200 Constitution Plaza, 06103 | 135,000 | 1986 |
| 430 New Park Avenue | 430 New Park Avenue, 06110 | 24,250 | 1986 |
Worth noting among recent office completions on the Hartford market is Hartford 21, which is currently the largest new office development in the city, at 162,257 square feet.
See reports for other markets
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- Chicago Office Rent Price
This market stats report is based on analysis of city-level data that includes office properties equal to or larger than 25,000 square feet in size. Averages were calculated based on values dated January 1st 2024 through December 31st 2024. Construction pipeline data represented herein is valid as of February 2025. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Hartford commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.