Family Office Briefing on research byNewmark·Feb 7, 2025
Fairfield County Office Market Report 4Q24
This report provides an overview of the Fairfield County office market as of the fourth quarter of 2024.
Key Metrics
| Metric | Value |
|---|---|
| Unemployment Rate | 2.8% |
| Overall Availability Rate | 27.7% |
| Direct Vacancy Rate | 19.3% |
| Year-to-Date Net Absorption | -591,646SF |
| Class A Direct Average Asking Rate | 39.50$/SF |
| Class B Average Asking Rate | 29.39$/SF |
| Leasing Volumes YTD | 3.4 millionSF |
| Investment Sales Activity | 1.1 millionSF |
Metrics extracted from the source report and independently fact-checked. Method →
Full report
Newmark
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