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285 Broad Street, Hartford
Prime office/flex repositioning opportunity in Hartford's central business district. This 286,415 SF asset offers exceptional value below replacement cost with immediate I-84/I-91 access and prominent highway visibility.
Property Highlights
Office/Flex Repositioning
286,415 SF asset offered well below replacement cost, 25% leased to TEGNA (FOX61) and Chicago Tribune (Hartford Courant), presenting significant lease-up and adaptive reuse potential.
Reusable Infrastructure
High-quality buildouts with offices, studios, and production areas, complemented by a two-story atrium lobby, cafeteria, conference space, ample parking, and robust loading with rail connectivity.
Prime Access & Visibility
Prominent I-84 frontage near the Connecticut State Capitol with excellent highway exposure, immediate access to I-84/I-91, walkable proximity to Union Station, and 20 minutes to Bradley International Airport.
Strong Hartford Market
Anchored by government, insurance, and financial sectors with major employers such as Aetna, Travelers, and KPMG. Hartford offers a growing residential base and strategic location between Boston and New York City.
Property Specifications
Site Description
Property Address: 285 Broad Street, Hartford, CT 06115
Land Area: 4.39 acres
Zone Code: CX-1 and MX-2
Building Profile
Type: Office/Flex
Year Built: 1928/1970/1987
Number of Floors: 4
Building Rentable Area: 286,415 SF
Average Floor Size: Varies per floor
Construction Details
Structure: Reinforced concrete
Foundation: Concrete slab
Façade: Brick, glass panel windows, concrete blocks
Windows: Glass panel
Ceiling Heights
  • Ground Level & Warehouse: 14'3" - 16'4"
  • Office: 11'4" - 12'10"
  • Production Room: 39'8"
Building Systems & Amenities
Parking
423 total parking spaces including 11 handicapped, 12 loading dock, and 25 underground/garage spaces
Elevators
3 passenger elevators and 2 freight elevators for efficient vertical transportation
HVAC
2 Cleaver Brooks CB-400 boilers, 2 Carrier 400 ton chillers, several tenant-owned RTUs
Power
3 independent power feeds with tenant-owned 400KW generator for backup
Security
24/7 security service provided by Allied Universal with Siemens-based BMS
Fire Safety
Complete sprinkler system and fire extinguishers throughout the building
Property Site Plan
The property features excellent site circulation with multiple access points, extensive surface parking, and strategic loading dock placement. The 4.39-acre site provides ample room for future development or outdoor amenities.
Floor Plans
The building offers flexible floor plates across multiple levels, accommodating diverse tenant requirements from warehouse to office space. Each floor features efficient layouts with excellent natural light and modern infrastructure.
Current Tenancy Overview
22.7%
Leased Space
65,000 SF occupied by two quality tenants
77.3%
Available Space
221,415 SF ready for lease-up or repositioning
Tenant Details
TEGNA Lease Abstract
Lease Terms
Lessee: Tribune Broadcasting Hartford, LLC (TEGNA Inc)
Demised Premises: 53,000 SF (Third Floor)
Lease Term: January 1, 2016
Restated Rent Commencement: July 1, 2023
Expiration Date: November 30, 2026
Use: General office; broadcast studio
Base Rent Schedule
Key Provisions
Parking: 106 general parking spaces (12 reserved exclusively), plus 27 truck parking spaces (8 reserved, 2 with 13' clearance). Additional 53 spaces available until building reaches 50% occupancy.
Real Estate Taxes: Reimbursed by tenant based on pro rata share (2022 base year)
Utilities: Tenant pays $371,000 annually
Janitorial: Landlord supplies service; tenant pays 100% until non-affiliate tenant occupies building, then prorated
Security: Tenant provides until 35,000+ RSF occupied by non-affiliate tenants, then landlord provides with tenant paying proportionate share
Repairs & Maintenance: Tenant responsible for all repairs not expressly landlord's responsibility
Hartford Courant Lease Abstract
Lease Terms
Lessee: Chicago Tribune Company LLC
Demised Premises: 12,000 SF (First Floor)
Lease Term: April 1, 2023
Rent Commencement: April 1, 2023
Expiration Date: March 31, 2026
Security Deposit: $9,000
Base Rent Schedule
Key Provisions
Renewal Terms: One additional three-year period at prevailing fair market rent
Landlord Termination: Landlord may terminate with six months' written notice
Operating Expenses: Landlord responsible for all operating expenses including:
  • Real estate taxes
  • Repairs & maintenance
  • Utilities & HVAC
  • Janitorial services
  • Security services
Parking: None required
Use: None specified
Guarantor: None
Hartford Market Overview
The Hartford metro comprises three counties in central Connecticut, housing the state capital and the University of Connecticut in Storrs. Known nationally for its role in the American insurance industry, Hartford has a diverse economic background including aerospace, hydrogen/fuel cell technology, laser manufacturing, and healthcare industries. Over 600,000 people are employed in local industries.
275K
Population
Within 5-mile radius
110K
Households
Within 5-mile radius
$94K
Median Income
Within 5-mile radius
600K
Employees
Local industries
Major Employers
Hartford's economy is anchored by government, insurance, and financial sectors with major employers including Aetna, Travelers, and KPMG. The city offers a growing residential base and strategic location between Boston and New York City.
Ready to Learn More?
Contact our team to receive detailed financial information, property reports, and to schedule a site visit. We're here to answer your questions and facilitate your due diligence process.
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Phone
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