New Hampshire Office Market Report

By PropZone Research · Data through Q1 2026 · Aggregated from Boulos, Cushman & Wakefield

Quarterly office market indicators for New Hampshire, aggregated by PropZone from Boulos, Cushman & Wakefield. As of Q1 2026, average asking rent was $16.00/SF with a 8.8% vacancy rate.

Projected current office pricing — New Hampshire

indicative confidence
Projected asking rent
$16.00/SF/yr
Estimated sale value
$85–$144/SF

Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for New Hampshire office yet, so this applies the typical cap rate across comparable office markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q1 2026 asking-rent data (benchmark cap rate 6.6%–8.6%, asking rent held flat). Assumes ~91% occupancy and a 5065% net-operating-income margin.

QuarterAsking rentVacancyNet absorptionUnder constr.Source
Q1 2026$16.00/SF8.8%0K SFBoulos
Q4 2022$23.61/SF24.7%-1K SFCushman & Wakefield
Q3 2017$23.58/SF11.0%Cushman & Wakefield

Frequently asked questions

What is the average asking rent for office space in New Hampshire?
As of Q1 2026, the average asking rent for office space in New Hampshire was $16.00/SF, per Boulos.
What is the office vacancy rate in New Hampshire?
The office vacancy rate in New Hampshire was 8.8% as of Q1 2026 (Boulos).
Where does PropZone's New Hampshire market data come from?
This report aggregates quarterly office market data for New Hampshire from Boulos, Cushman & Wakefield.