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Gubner: Economic Slowdown Won't Batter Fairfield

STAMFORD, CT-Although the fate of the economy is anyone's guess at the moment, Cory R. Gubner, president of Chase Commercial Real Estate/TCN Worldwide, believes the Fairfield County office market will remain strong this year.

By John Jordan | Updated on March 14, 2001

STAMFORD, CT-Despite the difficulties plaguing Wall Street at the moment, the Fairfield County commercial office market is very strong and will perform well this year, no matter how bad the economy gets. So says, Cory R. Gubner, president of Chase Commercial Real Estate/TCN Worldwide of Stamford.

Gubner says that while there are “precarious economic signs” of a slowdown taking place, the impact of an economic downturn would not have that much of an impact on the Farifield County office market. “While many are expecting the worst, I am confident that with the real estate market’s continually strong fundamentals, there will be a minimal softness in the region,” Gubner says.

“In fact, Connecticut’s Fairfield County is expected to continue to be one of the strongest markets in the Northeast,” he notes, “fueled by an exceptional quality of life, a highly-skilled employment base, a tremendously diverse population and a commerce environment only rivaled by a few select suburbs across the country. In all sectors of the marketplace, including office, retail, industrial and investment properties, conditions continue to represent an excellent time to be either leasing or investing in the Fairfield County marketplace.”

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