Fairfield County Industrial is Improving

The Fairfield County industrial market is showing signs of improving.  Total sales volume in the Fairfield County Industrial market increased significantly in 2012, mostly as a result of the sale of several large facilities.  The weighted average sale price per square foot, which fell sharply in 2010, also increased in 2012, although a slight downward trend is evident in 2013.  In addition to market conditions, sale price per square foot trends in the Industrial Market are subject to the quality of product sold in a given period due to building variances which range from raw or obsolete warehouse to modern flex buildings with full HVAC.