About the Area

Space Availability
  Total Sq. Ft. Vacancy Rate (A) Avg. Asking Rent (A)
Stamford 969 26% $34.01
Greenwich 4,088 18.4% $58.14
Fairfield County 47,592 21.4% $33.50
Source: Jones, Land LaSalle, Office Insight Report Q4 2009
Industrial Space
Existing Space:
.........................7,768,615 sq. ft.
Vacancy Rate:
.........................................7.1%
Price Ranges per sq. ft.:
Lease:
....................................$9-$11/sq. ft.
Purchase:
.........................................$160/sq. ft.
Source: Beaudry Commercial Real Estate, div. of The Property Group of CT, Inc., 2010
Retail Space
Area / Rent Range High Ridge & Bull's Head
........................$35-$55/sq. ft. NNN*
Springdale
.........................$15-$30/sq. ft. NNN
Downtown
.........................$25-$35/sq. ft. NNN
* Retail rents are typically net, net, net (NNN) meaning that the tenant assumes prorate share of costs associated with real estate taxes, insurance, repairs and maintenance, as well as utilities.

Source: Pyramid Real Estate Group, Norman Lotstein, 2010