• The availability rate remained essentially flat quarter-over-quarter, at 23.9%.
  • Fairfield had the best leasing year since 2015, with almost 2.6 million sq. ft. of leasing activity.
  • Greenwich CBD availability continues to fall, reaching 8.3%.
  • Fairfield's CBD zones accounted for 51% of the year's leasing activity, though they account for only 28.6% of the total inventory.
  • The overall average asking rent was virtually unchanged quarter-over-quarter and up 1.8% year-over-year.