2023 Office Space Rent & Sales
- $20.25 2023 Avg. Asking Rent
- 1.16% Y-o-Y Avg. Asking Rent Change
- 8.56% 2023 Office Vacancy Rate
East Hartford office price per square foot in 2023 was $20.25 on average. This marked a +1.16% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 8.56% across all asset classes combined.
See how this market compares to the national average: U.S. office space rent & sales.
Average Rent by Office Class
2023 Average Office Rent per Square Foot
- Connecticut Class A & A+ Office Space$33.28
- Connecticut Class B Office Space$23.34
- Connecticut Class C Office Space$27.95
East Hartford, CT Office Asking Rents by Class
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Office building | Address | SF | Completed |
---|---|---|---|
330 Roberts Street | 330 Roberts Street, 06108 | 29,272 | 1988 |
Riverbend Executive Park - 77 Hartland Street | 77 Hartland Street, 06108 | 77,500 | 1984 |
Riverbend Executive Park - 55 Hartland Street | 55 Hartland Street, 06108 | 75,500 | 1984 |
Riverview Square - Building II | 99 East River Drive, 06108 | 155,000 | 1983 |
Riverview Square - Building I | 101 East River Drive, 06108 | 197,000 | 1982 |
800 Connecticut Blvd | 800 Connecticut Blvd, 06108 | 98,186 | 1981 |
155 Founders Plaza | 255 Pitkin Street, 06108 | 55,632 | 1979 |
1491 Silver Ln | 1491 Silver Ln, 06118 | 2,184 | 1975 |
300 East River Drive | 300 East River Drive, 06108 | 69,775 | 1967 |
Commercial Building Portfolio | 101 & 109-111 Pitkin Street, 06108 | 18,715 | 1951 |
Worth noting among recent office completions on the East Hartford market is 330 Roberts Street, which is currently the largest new office development in the city, at 29,272 square feet.
See reports for other markets
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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 East Hartford 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.