Downtown Manchester Office Space

Downtown Manchester

Office Space Market Report

Number of Listings (last 90 days)
133
Median Rate ($/sqft/yr)
$29
Median Size (sqft)
2,700
As of: February 26, 2017

Downtown Manchester Rates

The typical asking rate per listing is in the $20's per square foot per year. The Downtown Manchester submarket is going through a a rise in rates. In the last 3 months, the median rate went up $5 per sqft per year. That's a 22% increase in rent.

Compared to the rest of the Greater Boston market, the Downtown Manchester submarket has higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.

Downtown Manchester Listing Supply

In the last 90 days, 133 listings have been posted online, so you'll want to check back regularly for new listings. About 4% 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 available, so finding a space for a small business might be tough.

Even though the median size is 2,700 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are approximately 3 floors. Most buildings in this area were built in 1914 and are Class Class B.

Downtown Manchester Community

This region is fairly equally mixed residential and commercial. Construction is the dominant industry in this market. Commute by taxi is the most popular way to get to work amongst Downtown Manchester folk. 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