Figures

Hartford County Office Figures Q2 2025

July 10, 2025 5 Minute Read

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  •       Quarterly leasing activity totaled 274,000 sq. ft., up 72% from the previous quarter and 52% ahead of the two-year quarterly average.
  •       Renewals totaled 109,000 sq. ft., bringing the year-to-date total to 145,000 sq. ft.
  •       The availability rate fell to 23.8%, down 50 bps (basis points) quarter-over-quarter but up 50 bps from a year ago.
  •       Quarterly net absorption was 149,000 sq. ft., bringing year-to-date totals to negative 70,000 sq. ft.
  •       Average asking rent remained flat quarterly and annually at $21.07 per sq. ft.