Commercial Real Estate Report - New Haven, CT [Office]

Property Type

View market and submarket information on Office space in New Haven, Connecticut. Our detailed reports provide commercial real estate information like commercial property rates, commercial vacancy rates, asking rents, current inventory, lease terms, employment data and more in New Haven, Connecticut.

Boundaries

Display:
Recent Sales New Construction Highlight Submarkets

Latest Quarterly Reports (Q1 2013)

New Haven, CT - Entire Metro
Submarkets
East -160 bps  
Northeast -80 bps  
CBD -60 bps  
New Haven -40 bps  
West -40 bps  
Northwest -10 bps  
 
 
 
 

Recent Sales

Cap Rate Trend

Sales Trend

Q1
2013
Q4
2012
Q3
2012
Q2
2012
Mean 3.6% -- -- 12.2%
Median 3.6% -- -- 12.2%
12 Month Rolling 7.9% 12.2% 12.2% 12.2%

Commercial Real Estate News

Recent Rent Observations

Location ID Class Rent
East 75260 A $19
Northeast 83240 A $22
Northeast 84010 BC $27
Northeast 84041 BC $17
Northeast 84280 BC $15
Northeast 84310 BC $15
Northeast 00560 A $22
Northeast 85940 BC $20
Northeast 83770 BC $12
Northeast 15630 BC $20

Change From Previous Quarter

Market Rent Vac Inv
New Haven 0.0% -20 bps 0.0%
Northeast Region 0.1% 0 bps 0.0%
United States 0.0% 0 bps -0.0%

Metro vs. Region -0.1% -20 bps 0.0%
Metro vs. US 0.0% -20 bps 0.0%

Latest New Construction Updates

Location Size
New Haven 130,000 - 170,000
West 90,000 - 130,000
New Haven 50,000 - 90,000
New Haven 170,000 - 0
Northwest 0 - 50,000
East 0 - 50,000
Northwest 0 - 50,000
Northwest 0 - 50,000
East 0 - 50,000
Northeast 0 - 50,000
View all Construction Projects

National Office Real Estate Trends

Vacancy Trends
Supply and Demand
Inventory Change
Inventory Change

Metropolitan Office Rankings (Q1 2013)

Based on 190 U.S. Markets
Value:
103. Wilmington, NC 17.3%
104. Boise, ID 17.4%
105. Redding, CA 17.4%
106. Atlantic-Cape May, NJ 17.5%
107. Charlotte, NC 17.5%
108. New Haven, CT 17.5%
109. Salt Lake City, UT 17.5%
110. Orange County, CA 17.7%
111. Minneapolis, MN 17.8%
112. College Station-Bryan, TX 17.9%
113. Columbus, OH 18.0%

Avg Annual Growth Rate (2013 - 2017)

Market Rent Vac Inv
New Haven 1.1% 1,755 bps 1.0%
Northeast Region 2.0% 1,456 bps 0.6%
United States 0.6% 1,704 bps 0.9%

Metro vs. Region -0.8% 299 bps 0.4%
Metro vs. US 0.5% 51 bps 0.1%