Hartford/New Haven MarketBeat Reports

1/16/2020
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

 

Learn more about our local markets and property types by clicking our most recent Hartford/New Haven MarketBeat reports below.

 

The U.S. economy ended the year on an optimistic note. Businesses continued to add jobs at a healthy clip. Employment in the key office-using sectors increased by 150,000 jobs in the fourth quarter. Consumer confidence remains high. Wages are rising faster than inflation, yielding extra spending power, reflected in the 18.8% increase in online shopping over the holiday season.

Current Marketbeats

Office MarketBeat Report
Q4 2019 Hartford Office Report

The Hartford Office market was stable through the fourth quarter of 2019. Consistent with previous quarters, absorption remained
positive while the overall asking rents for the market stayed flat—hovering around $20.00 to $21.00 per square foot.

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Office MarketBeat Report
Q4 2019 New Haven Office Report

As we enter a new decade, market indicators for the New Haven office market show strong growth over 2019. By the end of the fourth
quarter, both vacancy and availability decreased significantly year-over-year by 290-basis-points (bps) and 120 bps, respectively.

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Industrial MarketBeat Report
Q4 2019 Central Connecticut Industrial Report

Another strong semester set new standards for limited overall availability (7.3%), manufacturing availability (5.2%) and record asking rents ($5.65 NNN) in Central Connecticut .

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Featured Insights: Current U.S. MarketBeats

Q4 2019 U.S. Office MarketBeat Snapshot
MarketBeat • Office

Office Reports

Remarkably stable vacancy rate reflects solid demand in the fourth quarter of 2019.
Revathi Greenwood • 1/16/2020
Q4 2019 U.S. Industrial MarketBeat Snapshot
MarketBeat • Industrial

Industrial Reports

After a slow start to the year, the industrial market finishes the decade strong.
Carolyn Salzer • 1/16/2020
Q4 2019 U.S. Retail MarketBeat Snapshot
MarketBeat • Retail

Shopping Center Reports

2019 ended on a positive note with consumer spending rising at a healthy pace and retail sales up.
Garrick Brown • 1/17/2020

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