Figures
Fairfield County Office Figures Q3 2025
October 7, 2025 4 Minute Read
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-Quarterly leasing activity totaled 318,000 sq. ft., down 21% from Q2 2025 and 26% behind the five-year quarterly average.
-Year-to-date leasing activity totaled 1.15 million sq. ft., down 19% from the same time last year.
-The availability rate decreased to 24.7%, down 30 basis points (bps) from Q2 2025 and down 120 bps from a year ago.
-Quarterly net absorption was positive 122,000 sq. ft., bringing year-to-date absorption to positive 766,000 sq. ft.
-The average asking rent was $35.68 per sq. ft., unchanged from the prior quarter and down 2% from one year ago.