VACANCY RATE IN NEW HAVEN ‘FAIRLY HEALTHY’

An article in the New Haven Register reported that New Haven’s office real estate market held relatively steady in the third quarter, with nonprofits and startups filling some of the space being vacated by large corporations, according to data released this week. Chris Nicotra, managing principal of Olympia Properties, said he is seeing strong demand from tenants, but mainly those seeking less than 2,000-square-feet spaces.

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