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G&E reports continued brisk office activity.


Countywide coun·ty·wide  
adv. & adj.
Throughout a whole county: found at locations countywide; a countywide search.

Adj. 1.
 activity has been brisk Brisk as a proper name may refer to:
  • Brest, Belarus (Brest-Litovsk) Brisk (בריסק) is the city's name in Yiddish
  • The Brisk yeshivas and methods, a school of Jewish thought originated by the Soloveitchik family of Brest.
 and steady with 2.3 million square feet of net absorption year-to-date Year-to-date (YTD)

The period beginning at the start of the calendar year up to the current date.
 in comparison to 360,000 of net recorded for the same period last year, according to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 Mary Pat Coyle For the lacrosse player, see .

Pat Coyle is a WNBA coach for the New York Liberty. She served as the Liberty's assistant coach before earning the head coaching seat. Prior to her jump to the WNBA, Coyle was the head women's basketball coach at Loyola (Md.
, research manager for Grubb & Ellis ELLIS - EuLisp LInda System. An object-oriented Linda system written for EuLisp. "Using Object-Oriented Mechanisms to Describe Linda", P. Broadbery <pab@maths.bath.ac.uk> et al, in Linda-Like Systems and Their Implementation, G. Wilson ed, U Edinburgh TR 91-13, 1991. , who compiled the report results. The report surveyed the over 34 million square feet of office buildings in Fairfield County Fairfield County is the name of three counties in the United States:
  • Fairfield County, Connecticut
  • Fairfield County, Ohio
  • Fairfield County, South Carolina
.

Class A office per square foot asking rental rates county-wide were up a full 14.6 percent over the second quarter of 2000, and a full 18 percent higher over the third quarter figure of last year. The Class A asking rental rate in the third quarter was $32.70 per square foot for Class A space. In the second quarter, the rate stood at $27.92 throughout the county. The asking rental rate for last year's third quarter was $26.80 per square foot.

In Stamford, however, the increases were greater. The current third quarter per square foot asking rental rate is $37.26, a full 17.8 percent higher compared to the second quarter 2000, when it was $31.61. Last year's third quarter per square foot rate was $29.66, making the current per square foot figure 25.6 percent greater.

The third quarter Fairfield County availability figure meanwhile, inched up slightly to 9.5 percent from the second quarter's 9.0 percent, primarily because of the Champion International building at 400 Atlantic Street coming onto the market with 240,000 square feet of available space. Previously, Champion, which was acquired by International Paper, fully occupied its total 454,000 square feet of space. It intends to eventually sell the building and lease back a portion of its space.

In Stamford, meanwhile, the third quarter availability is 9.1 percent. While in other areas: Central County reported 8.1 percent, up from 6.5 percent; Northern County remained at the second quarter figure of 11.8 percent; and in Eastern County it lowered to 10.7 percent from the previous quarter's 11.2 percent.

In Westchester County, availabilities continued to decline from 17.3 percent to 15.2 percent from the second quarter of this year and a full five percentage points from third quarter 1999 when it was 20.2 percent. Rents, however, show little change, with a surprising lower overall figure, $24.22 asking rental rate for Class A reported for the Third Quarter of this year compared to $24.76 over the second quarter and last year's third quarter figure of $24.57. The total inventory covered 26.2 million square feet of rentable space, according to Coyle.

The impact of the breakup breakup

The division of a company into separate parts. The most famous breakup to date was the 1984 division of AT&T (formerly, American Telephone & Telegraph Company). This breakup was intended to increase competition in the communications industry.
 of IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  in White Plains has now come full circle as the many high tech entrepreneurs from Big Blue have started their own firms and are taking up much of the space IBM left behind, according to Grubb & Ellis Senior Vice President Kim Mowers. The best examples of this phenomenon are 360 Hamilton Avenue, a 380,000 square foot building, which is now 80 percent leased, and 1311 Mamaroneck Avenue , a 300,000 square foot building that has but 12,000 square [INCOMPLETE]
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Title Annotation:Grubb and Ellis
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Dec 6, 2000
Words:523
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