Office availability flat in Westchester, down in Fairfield in 3Q

Office availability remained unchanged in Westchester while Fairfield County ended the quarter with less available space, according to a third quarter market report from Colliers International Group. Jeffrey Williams, Colliers executive managing director, said that after an eventful first half of the year, Westchester’s office market “took a breather,” as the availability rate remained unchanged from last quarter at 22 percent. Fairfield’s office market saw moderate activity, according to Sean Cullen, director of research for Colliers’ Stamford office. Demand outweighed supply enough to lower availability to 23.8 percent. [Colliers]