2023 Office Space Rent & Sales
- $24.27 2023 Avg. Asking Rent
- 2.37% Y-o-Y Avg. Asking Rent Change
- 20.39% 2023 Office Vacancy Rate
Rocky Hill office price per square foot in 2023 was $24.27 on average. This marked a +2.37% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 20.39% across all asset classes combined.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Rocky Hill Class B Office Space$24.27
- Connecticut Class A & A+ Office Space$33.28
- Connecticut Class B Office Space$23.34
- Connecticut Class C Office Space$27.95
Rocky Hill, CT Office Asking Rents by Class
Coworking Spaces in Connecticut
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2023 Office Construction in Rocky Hill, CT
Office building | Address | SF | Completed |
---|---|---|---|
200 Capital Boulevard | 200 Capital Boulevard, 06067 | 160,000 | 2021 |
Winbrook Business Park - 712 Brook Street | 712 Brook Street, 06067 | 57,600 | 2007 |
Winbrook Business Park - 714 Brook Street | 714 Brook Street, 06067 | 52,442 | 2007 |
541 Cromwell Avenue | 541 Cromwell Avenue, 06067 | 2,145 | 2002 |
Corporate Ridge | 500 Enterprise Drive, 06067 | 302,000 | 1989 |
175 Capital Boulevard | 175 Capital Boulevard, 06067 | 91,500 | 1989 |
Inwood Business Park - 70 Inwood Road | 70 Inwood Road, 06067 | 41,416 | 1989 |
Corporate Ridge | 55 Capital Boulevard, 06067 | 110,000 | 1988 |
525 Brook Street | 525 Brook Street, 06067 | 68,552 | 1988 |
525 Brook Street | 525 Brook Street, 06067 | 68,552 | 1988 |
Worth noting among recent office completions on the Rocky Hill market is 200 Capital Boulevard, which is currently the largest new office development in the city, at 160,000 square feet.
See reports for other markets
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- Hartford Office Rent Price
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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 2023 through December 31st 2023. Construction pipeline data represented herein is valid as of April 2024. The information on this page was compiled using data provided by CommercialEdge, a market intelligence solution which offers comprehensive real market knowledge on all Rocky Hill 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.