Sale: The former site of Outdoor Traders, a popular sporting good and rental store in Greenwich, sold on January 11, 2018 for $3,500,000. The property is located at 55 Arch Street and contains 6,497 square feet, selling at approximately $538 per square foot.
A popular shopping destination for Westport residents, 1365 Post Road East, sold on January 16, 2018 for $28,000,000. The property totals 46,084 square feet and sold for approximately $607 per square foot.
The Fairfield County Retail Market is comprised of approximately 49,530,000 square feet of inventory. The current 1st Quarter 2018 vacancy rate in Fairfield County is 3.7%, 30 basis points lower than the 1st Quarter 2017, and 122 basis points lower than the ten year average.