Downtown Manchester Sublease

Downtown Manchester

Office Space Market Report

Number of Listings (last 90 days)
133
Median Rate ($/sqft/yr)
$21
Median Size (sqft)
2,080
As of: July 28, 2017

Downtown Manchester Rates

On average, listings lease in the $20's per square foot per year. The Downtown Manchester region 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% decline in rent.

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

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 16% of the listings in the Downtown Manchester 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 posted, 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 buildings in this market are approximately 3 stories. Most buildings in this market were built in 1913 and are Class A.

Downtown Manchester Community

This market 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 residents. 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