2020 Office Space Rent & Sales
- $19.55 2020 Avg. Asking Rent
- 22.17% 2020 Office Vacancy Rate
Stratford office price per square foot in 2020 was $19.55 on average. The local office market recorded an average vacancy rate of 22.17% across all asset classes combined.
Average Rent by Office Class
2020 Average Office Rent per Square Foot
- Stratford Class B Office Space$19.55
- Connecticut Class A Office Space$35.83
- Connecticut Class B Office Space$23.70
- Connecticut Class C Office Space$18.29
Stratford, CT Office Asking Rents by Class
2020 Office Construction in Stratford, CT
- Stratford, CT Total SF completed in 2020
During 2020, square feet of new office space were delivered across the market. At the close of 2020, the Stratford office inventory included buildings equal to or larger than 25,000 square feet, which comprised square feet of office space.
| Office building | Address | SF | Completed |
|---|---|---|---|
| Merritt 8 Corporate Park | 99 Hawley Lane, 06614 | 175,483 | 1989 |
| Airport Business Center | 611 Access Road, 06615 | 28,000 | 1988 |
| 999 Oronoque Lane | 999 Oronoque Lane, 06614 | 42,448 | 1987 |
| 1000 Oronoque Lane | 1000 Oronoque Lane, 06614 | 33,584 | 1987 |
| 305 Boston Avenue | 305 Boston Avenue, 06614 | 71,724 | 1985 |
| Stratford Executive Park - 555 Lordship Blvd | 555 Lordship Blvd, 06615 | 53,500 | 1982 |
| Medical Arts Building | 2876 Main Street, 06614 | 25,000 | 1963 |
| Broadbridge Corporate Park | 3191 Broadbridge Avenue, 06614 | 137,500 | 1956 |
| 80 Ferry Blvd | 80 Ferry Blvd, 06615 | 37,100 | 1948 |
Worth noting among recent office completions on the Stratford market is Merritt 8 Corporate Park, which is currently the largest new office development in the city, at 175,483 square feet.
See reports for nearby markets
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 2020 through December 31st 2020. Construction pipeline data represented herein is valid as of April 2021. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Stratford 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.