Downtown Manchester Industrial

Downtown Manchester

Office Space Market Report

Number of Listings (last 90 days)
103
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
3,090
As of: January 23, 2017

Downtown Manchester Rates

On average, listings lease in the $20's per square foot per year. The Downtown Manchester submarket is seeing a a rise in rates. In the last 3 months, the median rate increased $5 per sqft per year. That's a 22% increase in rent.

Compared to the rest of the Greater Boston market, the Downtown Manchester region has greater rates, and you'll need to make a great offer to be in this hot submarket.

Downtown Manchester Listing Supply

In the last 90 days, 104 listings have been listed, so you'll want to check back regularly for new listings. About 2% of the available leases in the Downtown Manchester are subleases, so you will probably need to sign a longer term lease with the landlord directly. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

Even though the median size is 3,090 sqft, there are still 0 office spaces below 2,000 sqft. Most buildings in this area are close to 3 stories. Most buildings in this region were built in 1910 and are Class Class B.

Downtown Manchester Community

A large portion of this area is residential, but there's plenty of office_space. Construction is the dominant industry in this area. Commute by taxi is the most popular way to get to work amongst Downtown Manchester occupants. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Downtown Manchester.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Downtown Manchester.
Research