As we start the New Year, we have continued to track the availability of 10,000 square foot (sf) suites within one-half mile of the Stamford Train Station. Compared to last year we determined that the market has stayed fairly stable and the only major change this year is that there is no longer a Class B building that has a 10,000sf suite available. In April there were 27 suites, 26 in July and 33 now in January.

The results below show the amount of 10,000sf or larger suites available:

The Class A Buildings are:
- 300 Atlantic Street
- 400 Atlantic Street
- 2187 Atlantic Street
- 100 First Stamford Place
- 200 First Stamford Place
- 300 First Stamford Place
- 1 Harbor Point Square
- 2 Harbor Point Square
- 1 Station Place
- 201 Tresser Boulevard
- 680 Washington Street
- 1010 Washington Boulevard

The 12 Class A buildings have 1,140,644sf of available space, (823,571sf on a direct basis and 317,073sf of sublease space) versus 874,240sf in July and 913,239sf in April. The current vacancy rate of these buildings is 36%, which represents an 8.1% increase in availability since last July. It should be noted that the available square footage increased by 266,404sf, which represents a 30.4% increase since July.

The one Class B building that has dropped off the list is 1 Dock Street, which offered only 1 suite of 18,954sf back in July.

Posted in: commercial real estate, office space