2023 Office Space Rent & Sales
- $22.85 2023 Avg. Asking Rent
- 0.31% Y-o-Y Avg. Asking Rent Change
- 18.26% 2023 Office Vacancy Rate
Glastonbury Town office price per square foot in 2023 was $22.85 on average. This marked a +0.31% change in office space price per square foot compared to the previous year. The local office market recorded an average vacancy rate of 18.26% 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
Glastonbury Town, CT Office Asking Rents by Class
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| Office building | Address | SF | Completed |
|---|---|---|---|
| 427 Naubuc Ave - Unit 102 | 427 Naubuc Ave - Unit 102, 06033 | 1,420 | 2010 |
| Suite #106 -- ±1,420 sf office condo for sale in Glastonbury, Connecticut | 437 Naubuc Avenue, 06033 | 1,420 | 2010 |
| Suite #105 -- ±1,350 sf office condo for sale or lease in Glastonbury, Connecticut | 437 Naubuc Avenue, 06033 | 1,350 | 2010 |
| 455 Winding Brook Drive | 455 Winding Brook Drive, 06033 | 90,882 | 2003 |
| 180 Glastonbury Blvd | 180 Glastonbury Blvd, 06033 | 108,668 | 2002 |
| 200 Glastonbury Blvd | 200 Glastonbury Blvd, 06033 | 75,656 | 1989 |
| Somerset Square - 95 Glastonbury Blvd | 95 Glastonbury Blvd, 06033 | 148,000 | 1988 |
| 148 Eastern Blvd | 148 Eastern Blvd, 06033 | 45,904 | 1988 |
| 855 Winding Brook Drive | 855 Winding Brook Drive, 06033 | 32,976 | 1988 |
| Glastonbury Corporate Center - Buildings II & IV | 628 Hebron Avenue, 06033 | 160,492 | 1987 |
Worth noting among recent office completions on the Glastonbury Town market is 427 Naubuc Ave - Unit 102, which is currently the largest new office development in the city, at 1,420 square feet.
See reports for other markets
- Stamford Office Rent Price
- Hartford Office Rent Price
- Greenwich Office Rent Price
- Danbury Office Rent Price
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- San Francisco 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 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 Glastonbury Town 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.