Skip to main content Skip to footer

Q1 2022 Fairfield County Office Market Snapshot

Download Report
Fairfield Office Market Report SiteCore Header

Fairfield County’s office market recovered by leaps and bounds during the first quarter, showing signs that the market may finally have rebounded and hit an inflection point from the COVID-19 disruption.

Quarterly leasing activity set records and surpassed 1,495,000 SF, the largest amount in the last ten years. Despite net absorption being relatively low, when adjusted for a reduction in inventory, demand has pushed occupancy gains to its highest quarterly total in over five years and more than a 20% increase from the previous quarter. This lowered the availability rate 30 basis points (bps) from last quarter to 24.8%. Fairfield County continues to benefit from suburban appeal for companies looking to transition from the city or to open a second office as a hybrid work model becomes the new normal.

Fairfield Office Market Report SiteCore Thumbnail

Q1 2022 Fairfield County Office Market Snapshot

Download Report
Related Experts

Lars Remole

Research Analyst


Responsible for providing research and analytical services for all the brokers in the Fairfield/Westchester County and Long Island markets to ensure appropriate positioning, informed actions, strategic targeting, and smart decision-making.

Collect and analyze market information and economic events.

Produce market publications, research papers, requests for proposals, and ad hoc reports.

View expert