Figures
Fairfield County Office Figures Q1 2026
April 8, 2026 5 Minute Read
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‒ Quarterly leasing activity totaled 367,000 sq. ft., up 14% from the prior quarter and 12% below the five-year quarterly average.
‒ The availability rate rose to 25.0%, up 90 basis points (bps) quarter-over-quarter but down 40 bps annually.
‒ Net absorption in Q1 2026 was negative 71,000 sq. ft. —the first negative quarter in over a year and a half
‒ The average asking rent was $36.19 per sq. ft., up 1% quarter-over-quarter but stable from a year ago.