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Fairfield County Market Reports

Fairfield County Office Market

Average Asking Rent (Price/SF) $38.09
Availability Rate (%) 27.1%
Net Absorption (SF) -147,929

Fairfield County's office market fundamentals showed a retraction during the second quarter of 2017. Gross leasing activity totaled roughly 880,000 square feet, a 15.0% decline year-over-year, while the availability rate added 5.7 percentage points to finish at 27.1%, the market's highest rate on record. The market also showed a retraction, albeit a minor one, over the prior quarter, with an 8.0% decline in leasing and a 0.4-percentage-point uptick in availability.



Fairfield County Office Market Report
2Q17
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