According to the Hartford Business Journal, companies are continuing to migrate from the suburbs to downtown Hartford, despite high office vacancy rates. The Connecticut Association of Realtors recently moved to a 9,700 square foot space at 90 State House Square. Lease rates in downtown Hartford are significantly lower, averaging $21 to $25 per square foot, compared to $40 to $45 in West Hartford Center. Despite these moves, the downtown office vacancy remains high, with estimates ranging from 26.7% to 40%.

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