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STAMFORD, CT-Lending support to the assessment that suburban office is on the rise, Jones Lang LaSalle reported Monday that New York’s Westchester County saw a rebound in the number of new and larger office leases in the first quarter of the year. The strong leasing activity pushed down vacancy rates in many of the county’s office submarkets while helping to keep area average asking rents stable, according to the announcement.

“The first three months of this year showed a rebound in new and larger leases, compared with heavy renewal activity during 2012,” says Chris O’Callaghan, managing director and Westchester County market lead for Jones Lang LaSalle, in the announcement. “The shift towards relocations rather than renewal signals more business confidence as local tenants are willing to consider the upfront capital associated with moving.”

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