Hartford Industrial MarketView Q3 2016
- The Greater Hartford Industrial market continued to demonstrate strength in Q3 2016, recording 299,180 sq. ft. of positive absorption.
- Availability finished the quarter at 10.2%, a decrease of 60 basis points (bps) quarter-over-quarter and vacancy finished at 10%, an increase of 86 bps quarter-over-quarter.
- Average asking rents ended the quarter at $4.89 per sq. ft. NNN, up $0.17 quarter-over-quarter.