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Leasing activity resumes as Q2 closes

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Jul-02-09, 12:21 PM
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With the two largest lease deals in the second quarter, eastern Fairfield County remains southwest Connecticut’s tightest office market with availability rates just above 10 percent, according to new data released by CB Richard Ellis.


In June, Hubbell Inc. struck a deal to take more than 110,000 square feet of space at 40 Waterview Drive in Shelton, the largest deal of the first half in Fairfield County. The Orange-based company makes electrical and lighting systems.
Just one other deal in Fairfield County approached the 100,000-square-foot mark in the second quarter – Royal Bank of Scotland’s renewal of 88,000 square feet of space at 1000 Lafayette Blvd. in Bridgeport. In March, Sikorsky Aircraft Corp. inked a lease for 88,000 square feet at 6 Corporate Drive in Shelton.


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