NH office construction pipeline runs thin

The amount of available office space in New Hampshire is shrinking and becoming more expensive to lease due to a lack of new construction and higher demand that is still trying to find its footing post-COVID. The office vacancy rate statewide fell to 10.3% in the third quarter, down 3.1% from a year ago, and average asking rent rose to $22.28, up 1

By: Paul Briand

Outlets: NH Business Review

Published: November 4, 2026

Words: 655

Last Updated: 4 days, 1 hour ago

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The amount of available office space in New Hampshire is shrinking and becoming more expensive to lease due to a lack of new construction and higher demand that is still trying to find its footing post-COVID.

“With demand holding up and little new space coming online, the market could keep tightening in the coming quarters,” said Kristie Russell of Colliers in a summary of her analysis of office market trends for the …

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