2022 Office Space Rent & Sales
- $23.37 2022 Avg. Asking Rent
- 3.55% Y-o-Y Avg. Asking Rent Change
- 20.68% 2022 Office Vacancy Rate
Wallingford office price per square foot in 2022 was $23.37 on average. This marked a +3.55% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 20.68% across all asset classes combined.
Average Rent by Office Class
2022 Average Office Rent per Square Foot
- Wallingford Class A & A+ Office Space$28.56
- Wallingford Class B Office Space$19.46
- Connecticut Class A & A+ Office Space$31.42
- Connecticut Class B Office Space$24.13
- Connecticut Class C Office Space$16.59
Wallingford, CT Office Asking Rents by Class
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Office building | Address | SF | Completed |
---|---|---|---|
Campus at Greenhill | 108 Leigus Road, 06492 | 287,970 | 2011 |
Signature 91 | 35 Thorpe Avenue, 06492 | 83,654 | 1990 |
10 Research Pkwy | 10 Research Pkwy, 06492 | 69,179 | 1990 |
900 Northrop Road | 900 Northrop Road, 06492 | 50,000 | 1989 |
Westview Office Park | 850 North Main Street Ext, 06492 | 45,000 | 1989 |
10 Fairfield Blvd | 10 Fairfield Blvd, 06492 | 46,638 | 1988 |
1062 Barnes Road | 1062 Barnes Road, 06492 | 39,078 | 1988 |
95 Barnes Road | 95 Barnes Road, 06492 | 33,494 | 1986 |
860 North Main Street Ext | 860 North Main Street Ext, 06492 | 30,692 | 1982 |
102-104 South Turnpike Road | 102 South Turnpike Road, 06492 | 32,226 | 1980 |
Worth noting among recent office completions on the Wallingford market is Campus at Greenhill, which is currently the largest new office development in the city, at 287,970 square feet.
See reports for other markets
- Stamford Office Rent Price
- Hartford Office Rent Price
- Danbury Office Rent Price
- Greenwich Office Rent Price
- New Haven Office Rent Price
- Norwalk Office Rent Price
- Farmington Office Rent Price
- Westport Office Rent Price
- San Francisco Office Rent Price
- Charlotte Office Rent Price
- Chicago Office Rent Price
- San Antonio Office Rent Price
- Atlanta Office Rent Price
- Houston Office Rent Price
- Dallas Office Rent Price
- Miami 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 2022 through December 31st 2022. Construction pipeline data represented herein is valid as of April 2023. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Wallingford 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.