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Westchester County Snapshot Mid-Year 2019

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Westchester County’s office market finished the first half of the year on a positive note. The availability rate fell 20 basis points (BPS) from last quarter to 21.8%, after falling another 60 BPS in the first quarter and is on track to have the first annual drop in the availability rate since 2012. Leasing activity was solid, posting 415,583 SF, with almost half of the activity located in the White PlainsCBD. As a result of the continued improvement, the asking lease rate climbed 7.5% year-over-year to $28.82/SF.


White Plains

Westchester County Snapshot Mid-Year 2019

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