Portsmouth Office Space

Portsmouth

Office Space Market Report

Number of Listings (last 90 days)
64
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
2,200
As of: July 23, 2017

Portsmouth Rates

Most listings are in the $20's per square foot per year. The Portsmouth region is going through a decrease in rates. In the last 3 months, the median rate decreased $2 per sqft per year. That's a 8% decrease in rent.

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

Portsmouth Listing Supply

In the last 90 days, 64 listings have been made available, so you'll want to check back regularly for new listings. About 28% of the office spaces in the Portsmouth are subleases, so you might be able to sign a shorter term by taking over a previous lease. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 2,200 sqft. Most properties in this area are around 2 floors. Most buildings in this market were built in 1930 and are Class A.

Portsmouth Community

Market Report

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

Market Data

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