• The availability rate remained flat quarter-over-quarter, sitting at 24.0%
  • Fairfield had the most active first half since 2015, with over 1.0 million sq. ft. in leasing activity
  • Greenwich CBD availability fell to single digits (9.6%) for the first time since 2008
  • Quarterly leasing totaled 403,000 sq. ft., 38% below the five-year quarterly average
  • The overall average asking rent was virtually unchanged quarter-over-quarter, and down 1.4% year-over-year