Home > Research > U.S. Market Reports Detail

U.S. Market Reports

Westchester County Market Reports

Westchester County Office Market

Average Asking Rent (Price/SF) $26.49
Availability Rate (%) 23.4%
Net Absorption (SF) 100,288

Westchester County's office market showed positive absorption of 176,812 square feet during the first half of 2017, driven primarily by occupancy gains in the White Plains Central Business District (CBD), where nearly 200,000 square feet was absorbed. The county's availability rate ended the second quarter at 23.4%, an improvement from 23.8% in the first quarter and from 25.1% a year ago. While overall demand fell behind that of mid-year 2016 by 9.4%, as gross leasing in the first half of 2017 totaled just under 1.0 million square feet, new deals reached 670,000 square feet, a 13.9% gain over the first half of 2016.

Westchester Office Market Report
Download the PDF

Local Market Contact:

General Research Inquiries: