According to the Hartford Business Journal, Connecticut’s office sector continues to face structural headwinds as developers and investors shift capital toward industrial and life sciences assets. Winstanley Enterprises, which sold most of its office portfolio years ago, now reports its 76,000‑square‑foot headquarters is only half leased, with tenant fit‑out costs climbing to $175–$250 per square foot while rents stagnate between $28 and $50. Other firms, including Baywater Properties and The New Haven Group, note that while many office buildings underperform, select locations such as downtown Darien and West Hartford Center still attract strong leasing activity.

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