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Westchester County Office Market Report 1Q 2020

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Westchester County's office market stalled to start off 2020, posting 314,468 SF of negative absorption for the quarter, which increased the availability rate by 100 basis points (bps) from last quarter to 21.3%. This was driven by the addition of 366,000 SF at 1111 and 1129 Westchester Avenue. Leasing activity was down 30.7% quarter-over-quarter, totaling 293,389 SF. Pricing in Westchester County ended Q1 2020 at $28.94, up 3.3% from the prior quarter.


White Plains

Westchester County Office Market Report 1Q 2020

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