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Stratford Office Rent Price & Sales Report

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.

Largest Office Properties Recently Completed in Stratford
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.

Data provided by Commercial Edge

See reports for nearby markets

  • Stamford Office Rent Price
  • White Plains Office Rent Price
  • Norwalk Office Rent Price
  • New Haven Office Rent Price
  • Westport Office Rent Price
  • Shelton Office Rent Price
  • Yonkers Office Rent Price
  • Trumbull 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 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.

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