Fairfield office market report

Q1 2023

$37.78 psf

Average asking rents

Average asking rents for Fairfield County increased for the twelfth consecutive quarter to $37.78 psf due to modest asking rent gains in Stamford and Greenwich.

$57.25 psf

Tenant improvement allowance

The trailing 12-month average for tenant improvement allowance on a normalized 10-year lease term remains well above historical levels at $57.25 psf.

2.76 msf

Available sublease space

Despite a slight decrease in total sublease space available this quarter, the market remains well above its 10-year annual average by 103%.

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Get in-depth office market reports and insights from commercial real estate experts in the Greater Fairfield area. Avison Young advisors look at Fairfield commercial real estate activities and the latest Fairfield statistics to provide you expert market research on Fairfield's office properties.

Explore different topics like the latest office market pricing trends and analysis of Fairfield's current office real estate market conditions. Gain a better understanding of Fairfield's office real estate outlook and stay ahead of current office space trends. Make smart decisions when it comes to investing in office properties in Fairfield's competitive office real estate market. Avison Young is your trusted source for commercial real estate office market insights in Fairfield.

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