Fairfield County office leasing remains brisk.Forty percent more office space in Fairfield County Fairfield County is the name of three counties in the United States:
2. By the constitution of the United States, the president has the power to fill up vacancies that may happen during the recess of the senate. rates of close to 50 percent in Greenwich alone. And while new space continues to come on the market each quarter, largely due to the relocation RELOCATION, Scotch law, contracts. To let again to renew a lease, is called a relocation. 2. When a tenant holds over after the expiration of his lease, with the consent of his landlord, this will amount to a relocation. of companies in the area, 46 percent more space was leased than came on the market during the second quarter of this year. These are the findings of the latest Quarterly Office Market Report (OMR (Optical Mark Reader) A scanner that reads marks on specific areas of the page. See mark sensing. OMR - Optical Mark Reader ) from Albert B. Ashforth, Inc., one of the leading brokerage companies in Fairfield County. "Office leasing has been on a steady incline for the last several quarters," said Alan Hockstader, vice president of Albert S. Ashforth. "The dramatic difference between this quarter and the same time last year shows that Fairfield County is a number one draw." At the end of the second quarter, the vacancy rate for Class A office buildings in Fairfield County was 9.7 percent, compared to 10.8 percent last quarter and 12.4 percent during the second quarter of 1996. The Fairfield County Market Report includes Bridgeport, Danbury, Darien, Fairfield, Greenwich, Now Canaan, Norwalk, Ridgefield, Stamford, Shelton, Strafford, Trumbull, Westport and Wilton. Ash forth's OMR also reveals that 668,000 square feet were leased or taken off the market versus 876,000 square feet last quarter and 485,000 square feet for one year earlier. A total of 488,000 square feet of Class A space came on the market in Fairfield County during the second quarter. In Stamford, the vacancy rate dropped to 8.8 percent this quarter, down from 9.7 percent last quarter and from 13.2 percent one year earlier. Meanwhile the vacancy rate in Greenwich for Class A space dropped to 4.9 percent from 8.5 percent one year earlier. The Fairfield County Office Market Report tracks commercial activity countywide coun·ty·wide adv. & adj. Throughout a whole county: found at locations countywide; a countywide search. Adj. 1. , and is not specifically reflective of the activity of Albert B. Ashforth. Inc. Significant leases in Fairfield County during the first quarter of 1997 include: Stamford: G.E.C.C.; TIG n. 1. A game among children. See Tag. 2. A capacious, flat-bottomed drinking cup, generally with four handles, formerly used for passing around the table at convivial entertainment. Reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. company; McMahan Securities Company; Walker Digital; The Thompson Corporation; and Cardmember Companies. Greenwich: The Perrier Group of America, Inc.; Aon Risk Services, Inc. of CT; and A.T. Clayton & Company. Norwalk: Oxford Health Plans, Inc.; and ISL ISL - Interface Specification Language. Xerox PARC. Interface description language used by the ILU (Inter-Language Unification) system. Includes descriptions of multiple inheritance, exceptions and garbage collection. E-mail: Bill Janssen <janssen@parc.xerox.com>. Marketing USA, Inc. Wilton: Beiersdorf, Inc.; and Trumbull: General Re Services Corp. |
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