Will the availability of sublease space in Fairfield County continue to decrease?

  • The amount of available sublease space in the Fairfield County market has decreased by 16.1% from the end of 2022 (2.7 million square feet) to today (2.2 million square feet).

 

  • During the same period, the percentage of sublease space in relation to the total available space on the market has dropped by 2.3 percentage points.

 

  • Many tenants are now opting to either reclaim their space or delay their decision-making processes, both of which are expected to have an impact on availability in the coming quarters.

October 19, 2023

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