Hartford Offices

Trying to find the ideal executive office suite or commercial office space in Hartford can be a time consuming and frustrating process. The current economic times in which we live has made for a tougher business climate and has made it necessary for all businesses (or individuals like insurance reps., lawyers, business consultants, etc…) to find the ideal commercial office spaces with the most value. Even in today’s tumultuous market, we can help you find and lease Hartford office space. Officespaceheaven.com offers a free service and has a proven track record to help any sized business be successful with their search for commercial office space in Hartford. The capital city of the U.S. State of Connecticut is Hartford. Hartford is one of the larger cities in the state and boasts a diverse population of residents. The city has an estimated population of 124,512 in the city center and upwards of 1,188,241 in the metropolitan areas. It has been touted as being one of the largest growing metropolitan areas in the United States. The city has been nicknamed the “Insurance Capital of The World” and has many of the world’s largest insurance companies calling the city home. The city is also one of the oldest cities in the United States, with over 400 years of history. Areas near Hartford that we service are Newington, Simsbury, Southington, Wallingford and New Britain. We also provide office space in Vermont, Boston and Manhattan.

Office Space Rates

The area has a healthy amount of commercial real estate development and is home to a lot of different opportunities for large and small businesses alike. Whether you’re looking to explore the entrepreneurial spirit or are looking to move or grow an existing business the city has a lot of great options to explore. The rates of office space in the area are as low as $1 a square foot for 1,000 square feet and higher and have seen smaller spaces rent for around $400 a month. There has never been a more affordable time to lease Hartford office space. Some great amenities come attached to some of these great advantageous options with large warehouse space and retail space adjacent alongside free utilities and more in some options. Some options may include call center infrastructure and internet access. Popular rentals in today’s market are shared space offices, fully furnished suites and virtual offices. Despite a wealth of great open spaces, the office vacancy rate has been as high as 23% but has seen some major declines in recent months emphasizing that many are optimistic about the future. Because of this high vacancy rate, tenants should negotiate their lease agreement for the best rental rate. Sublease options should also be considered. See our office space articles for more info.

Hartford Economy

The city has a diverse economy but hinges largely on insurance as a major boost to the general economical structure. Some of the larger companies that call the Hartford area home include Travelers, Aetna, The Hartford, The Phoenix Companies, Hartford Steam Boiler, Cigna, Colt Firearms, U.S. Fire Arms and United Technologies. The city has a deep history of employment and has created a lot of jobs in various vocations to help the local residents maintain a good cost of living without over complicating life. That being said, it is a surprise that in recent months the unemployment rate of Hartford has been around 10%. The city was hit hard in recent months due to the faltering economy and had a rate of unemployment that was around 19% at one point which was more than three times the national average. Fortunately it has since started to find declines as the economical picture stabilizes a little bit more. Now is a great time to lease Hartford office space with such a large workforce available. The large airport in the area is Bradley International Airport. This medium sized international airport offers millions of travelers a great option for travel annually. It has recently completed major upgrades and has been praised as one of the best airports in the United States. The crime rate of Hartford is relatively low compared to other metropolitan cities with similar density. Though the crime rate has been roughly 77 per 1,000 residents, it is on a declining trend as law enforcement has put out a more concerted effort on limiting and exterminating violent crimes. If you are attempting to lease Hartford office space then please visit our website. We are a full provider of all commercial office space in Hartford and offer a free service.