Fairfield County Market Reports

Fairfield County Office Market

As of the close of the third quarter of 2020, the pandemic entered its seventh month in the US, and office markets across the nation are still grappling with the short-term effects of what has become a major socioeconomic disruptor. In Fairfield County, as restrictions eased during the summer months, activity started to pick up, though at a slower pace. With safety guidelines in place, daily workplace visits have steadily risen from low points in April. With most employees still operating on a remote basis and financial uncertainty looming, many companies’ space needs remain in flux. As a result, smaller firms with expiring leases opted for short-term extensions, while larger and more established firms are taking more time to reexamine space needs.