Manchester Office Space

Manchester

Office Space Market Report

Number of Listings (last 90 days)
237
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,080
As of: July 23, 2017

Manchester Rates

The typical asking rate per listing is in the $20's per square foot per year. The Manchester submarket is going through a decrease in rates. In the last 3 months, the median rate decreased $8 per sqft per year. That's a 27% decrease in rent.

Compared to the rest of the Greater Boston market, the Manchester region has lower rates, so you should have no trouble finding a great deal in this undervalued submarket.

Manchester Listing Supply

In the last 90 days, 237 listings have been listed, so you'll want to check back regularly for new listings. About 19% of the available space in the Manchester are subleases, so you might be able to find a shorter term or below market rent. There aren't many listings below 2,000 square feet available, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,080 sqft. Most properties in this area are around 2 stories. Most buildings in this region were built in 1920 and are Class Class B.

Manchester Community

Market Report

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

Market Data

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