Hartford Office MarketView

July 14, 2020

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The Greater Hartford office market’s growth slowed in Q2, ending the second quarter of 2020 with 106,984 sq. ft. of negative absorption. Vacancy increased 10 basis points (bps) to 19.9% while availability increased by 30 bps to 22.8%. Average rental rates for the Greater Hartford office market decreased to $19.40 per sq. ft.