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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.

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Property Highlights


Office/Flex Repositioning

286,415 SF asset offered well below replacement cost, approximately 22.7% 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: May 30, 2027

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, 2027

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.

Contact TES Realty Group

Email

admin@tesrealtygroup.com

Phone

(201) 905-1114

© 2025 TES Realty Group, Inc. All rights reserved.
TES Realty Group, Inc. is a commercial real estate brokerage and advisory firm providing investment sales and capital markets advisory services in New York and New Jersey.
Nothing contained herein constitutes legal, tax, investment, or financial advice, nor an offer or solicitation to purchase or sell any real estate or security.
All property information is provided for illustrative purposes only, is subject to errors, omissions, changes, or withdrawal without notice, and is not guaranteed.