New Haven Offices

Trying to lease office space in New Haven, CT may sound like an easy task during these economic times for many firms such as advertising agencies, customer service companies and investment consultants. However, finding the most suitable commercial office that best fits the needs of your New Haven based business can often times be a very tedious and frustrating process. For this reason, any company looking to lease New Haven office space should always start their search with Officespaceheaven.com. The second largest city in Connecticut is the grand city of New Haven. New Haven is the sixth largest municipality in New England. The city has a core population of 124,000 residents and the greater metropolitan area has roughly 846,786 residents. The city has been nicknamed “The Elm City” due in large part to the large amount of trees in the area. It was also the first state to enact the first public tree-planting program in America. The city is also home to the Yale University. We service all areas in the local New Haven region. We also provide office space in Providence, Boston and Manhattan.

Office Space Rentals

The City of New Haven Connecticut has a large amount of commercial real estate developments for those looking to explore the entrepreneurial spirit. For those that are looking to grow or start a business, the city has various options in terms of warehouse and office space to fit all needs. Many popular options such as retail buildings, shared space offices, furnished suites and virtual offices are all available. In a recent survey of the open spaces in the greater New Haven area, results yielded many options at around $2 a square foot for smaller spaces and $1 and less per square foot for floorplans over 1,000 square feet. Rental rates have never been more affordable making now the perfect time to lease New Haven office space. Some of the options include amenities such as free utilities and adjacent retail storefronts which can help businesses grow by leaps and bounds. The area has an office vacancy rate of about 12% and is starting to decline as of late. While the area saw a decrease of about 4 percent in the first quarter, it is still relatively hovering around 12%. Because of the high vacancy rates, any potential tenant should also research sublease options. See our office space articles for more information.

New Haven Economy

The economy of New Haven was originally relying heavily on manufacturing but has since started to grow in other areas as well. The entire Northeast has grown in large part of the educational system found there. The growth of Yale University has helped the economy shift over to further services and healthcare. Yale University is the single largest employer followed by the Yale-New Haven Hospital. That being said, the rest of the economy is based largely around service, financial and health industries. There is a great deal of opportunities in terms of white-collar jobs as well as new developments in terms of commercial real estate. Despite the large expansions of the University and Health Care buildings, the area has plenty of other jobs to help people of all vocational backgrounds find a good forward moving job. Despite a wide variety of employment opportunities, the area has recently garnered an unemployment rate of around 10% and has been starting to plateau and level off a little bit more. Experts are optimistic about the future of New Haven, in light of the overall economic picture. Because of the well educated workforce, now is a great time to locate your business and lease New Haven office space.
The city of New Haven has no international airport but it does have a good regional airport that helps people of all backgrounds with their travel throughout the New England area. The Tweed New Haven Regional Airport offers many convenient options for those looking to travel or connect with much larger airports in the New England region. The crime rate of New Haven is relatively low in comparison to other small sized metropolitan areas and has been regarded as a good place to reside. Although there have been some fluctuations in the crime rate in recent years, local law enforcement has been working hard to make changes to the amount of crime in the area. So, if you are looking to lease New Haven office space then please visit our website. Officespaceheaven.com offers a free service and has multiple listings of all types of commercial office space found in the New Haven area.