Figures
Westchester County Office Figures Q2 2025
July 10, 2025 5 Minute Read
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‒ Quarterly leasing activity totaled 252,000 sq. ft., up 21% from the prior quarter and five-year quarterly average
‒ Year-to-date leasing totaled 462,000 sq. ft., up 13% from the same period a year ago.
‒ The availability rate was 20.1%, down 130 basis points (bps) quarter-over-quarter and 100 bps from a year ago.
‒ Net absorption was 333,000 sq. ft. in Q2, bringing the year-to-date total to 528,000 sq. ft.
‒ Westchester County’s average asking rent was up 1% quarter-over-quarter to $30.06.
‒ Sublet space currently makes up 5% of all available space in the county.