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Compared to nearby metropolitan areas like Boston and New York, New Haven remains a bargain for commercial office space. The city’s vibrant commercial space community remains strong – but still more affordable than comparable spaces in other, nearby cities. And, New Haven is still developing. While the commercial real estate market has stalled in many of the nation’s cities, cranes still dot the skyline in New Haven as developers move ahead with mixed-use and commercial properties, including those being developed for special uses, such as biotech research.
Source: Cushman & Wakefield Office Marketbeat United States Office Report 2Q10
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