Downtown Manchester Retail

Downtown Manchester

Office Space Market Report

Number of Listings (last 90 days)
38
Median Rate ($/sqft/yr)
$24
Median Size (sqft)
1,830
As of: December 7, 2016

Downtown Manchester Rates

On average, listings lease in the $20's per square foot per year. The Downtown Manchester region is seeing a decline in rates. In the last 3 months, the median rate fell $5 per sqft per year. That's a 18% decrease in rent.

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

Downtown Manchester Listing Supply

In the last 90 days, 38 listings have been listed, which means spaces most likley are leasing quickly. You'll want to be prepared to make an offer immediately. About 3% of the available space in the Downtown Manchester are subleases, so you will probably have to consider a longer term 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 1,830 sqft. Most properties in this region are close to 3 stories. Most buildings in this market were built in 1910 and are Class Class B.

Downtown Manchester Community

A large portion of this region 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 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