Middletown Office Market Trends

Office Rental Market

  • $20.84 2019 Avg. Asking Rent
  • 0.00 % 2019 Avg. Vacancy Rate
  • 0 2019 Office Completions (Sqft)
  • 0 2020 Estimated Pipeline (Sqft)
In 2019, the average asking rent for office space in Middletown was $20.84 per square foot, and the office vacancy rate across the market averaged 0.00 %. During 2019, developers added 0 square feet of new office space to the Middletown market inventory. Office developments estimated for delivery during 2020 total 0 square feet.

Average Office Asking Rents by Class

2019 Average Office Rent per Square Foot

  • Middletown Class A Office Buildings$25.00
  • Middletown Class B Office Buildings$20.25
  • CT Class A Office Buildings$35.66
  • CT Class B Office Buildings$24.46
  • CT Class C Office Buildings$18.42

Middletown, CT Office Asking Rents by Class

OFFICE CONSTRUCTION IN Middletown, CT

  • Middletown, CT Total Sqft completed in 2019 0
  • Middletown, CT Total Sqft under construction in 2020 0
10 Largest Office Buildings in Middletown
Building name Address Total Sqft Year built
Middlesex Corporate Center 213 Court Street, 06457 197,000 1989
245 Long Hill Road 245 Long Hill Road, 06457 85,010 1972
Middletown Medical Complex 520 Saybrook Road, 06457 64,000 1987
100 Riverview Center 292 Main Street, 06457 63,828 1964
1125 Middle Street 1125 Middle Street, 06457 55,752 2016
430 Saybrook Road 430 Saybrook Road, 06457 50,625 2021
55 High Street 55 High Street, 06457 44,315 1961
460 Main Street 460 Main Street, 06457 37,968 1880
315, 319 Main Street & 176 Court Street 315 Main Street, 06457 37,734 1769
Centerpoint Executive Park - 101 Centerpoint Drive 101 Centerpoint Drive, 06457 33,700 1984
Largest Office Properties Recently Completed in Middletown
Office building Address Sqft Completed
430 Saybrook Road 430 Saybrook Road, 06457 50,625 2021
1125 Middle Street 1125 Middle Street, 06457 55,752 2016
Middlesex Corporate Center 213 Court Street, 06457 197,000 1989
Middletown Medical Complex 520 Saybrook Road, 06457 64,000 1987
Centerpoint Executive Park - 101 Centerpoint Drive 101 Centerpoint Drive, 06457 33,700 1984
245 Long Hill Road 245 Long Hill Road, 06457 85,010 1972
90 Court Street 90 Court Street, 06457 25,345 1968
100 Riverview Center 292 Main Street, 06457 63,828 1964
55 High Street 55 High Street, 06457 44,315 1961
484 Main Street 484 Main Street, 06457 26,984 1900
Data provided by Commercial Edge

Office Spaces for Rent in Connecticut

See trends for nearby markets

The Middletown office market contains an inventory of 606,955 square feet of office space, in 11 buildings that are equal to or larger than 25,000 square feet.

This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all Middletown 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.