Figures
Westchester County Office Figures Q1 2024
April 9, 2024 4 Minute Read
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‒ Quarterly leasing activity totaled 225,000 sq. ft., up 10% from Q4 2023 and 9% above the five-year quarterly average.
‒ The availability rate was 20.7%, down 50 basis points (bps) from the prior quarter and 90 bps lower than a year ago.
‒ Quarterly net absorption was positive 164,000 sq. ft.
‒ Average asking rents were $29.85 per sq. ft., virtually unchanged both quarter-over-quarter and year-over-year.