Family Office Briefing on research byNewmark·Feb 7, 2025
Fairfield County Office Market Report 4Q24
Fairfield County office market shows resilience despite challenges in 4Q24 — family offices should consider co-GP opportunities with disciplined operators.
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 Volume YTD 2024 | 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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