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45°
Monday, apr 29
Tag:
Vacancy Rate
Business
Trumbull Typifies Fairfield County Office Market High Vacancy Rate
Across Fairfield County, the office market continues to suffer from high vacancy rates, according to this report in the New Haven Register. Trumbull is suffering the most of any community in the county, according to a 2017 office space market analysis by Cushman & Wakefield, with a 44 percent vacancy rate -- the highest in the region. Like other communities in southwestern Connecticut, Trumbull’s office vacancy rate was skewed by one empty building: the 253,000-square-foot former United Healthcare building, the report found. The company moved hundreds of its insurance workers to small…