Downtown Manchester Sublease

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 23, 2017

Downtown Manchester Rates

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

Compared to the rest of the Greater Boston market, the Downtown Manchester region has higher rates, and you'll need to pay a premium to be in this hot submarket.

Downtown Manchester Listing Supply

In the last 90 days, 138 listings have been listed, so you'll want to check back regularly for new listings. About 4% of the available space in the Downtown Manchester are subleases, so you will probably have to focus your search on direct office leases. 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 2,790 sqft, there are still 0 listings below 2,000 sqft. Most properties in this area are close to 3 floors. Most buildings in this region were built in 1914 and are Class Class B.

Downtown Manchester Community

This area is fairly equally mixed residential and commercial. 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