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Absorption for Class A space in the Greenwich Central Business District market ended with positive 40,000 square feet for the quarter, while availability went from 15.2% last quarter to 14.2%, according to the latest Newmark Knight Frank report.
Goldfish Swim School is in the process of expanding franchise opportunities throughout North America.
While the COVID-19 pandemic contributed to a slowdown in the Westchester County office market toward the end of 2020's first quarter, other factors were...
The county’s overall availability rate rose to 26.8% from 26.6% last quarter, with net absorption down by 76,000 square feet, while deals for less than 5,000 square feet represented almost 30% of the quarter’s total leasing.
Stamford's Central Business District (CBD) accounting for 36%, or nearly 1.2 million square feet, of the county’s total leasing volume of 3.2 million square feet in 2019.
"The demand for train-centric office product remains strong, as evidenced by these new leases," said Newmark Knight Frank Senior Managing Director Tim Rorick. "Office space that offers a convenient location with a modern twist is hard to come by.”
The company has been operating from a coworking space and will relocate later this month.
The 35,000-square-foot building at 115 East Putnam Ave. in Greenwich is now fully occupied.
Tim Rorick at NKF noted an increased demand by smaller tenants for "boutiquey office buildings" Norwalks' SoNo neighborhood.
Most of the RHYS team has followed Gubner to Newmark. "I was not interested in coming over as an individual – and I would not have," he says.
“I was attracted to its entrepreneurial nature and management style that allows us the freedom to build business organically both regionally and nationally,” Gubner, who founded RHYS in 2009, said of NKF.