Office Vacancy Falls in New Hampshire
Statewide office vacancy dropped to 10.3% in the third quarter as hybrid work reshapes demand.
Updated on Nov. 4, 2026 in Remote Work
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New Hampshire's office vacancy rate fell to 10.3% in the third quarter, down 3.1% from a year ago, while average asking rent rose to $22.28, up 1.7%. Companies are shifting from remote work toward hybrid schedules that keep some on-site presence.
Why it matters
Limited new construction and rising demand are tightening the office market, pushing rents higher for tenants in the state. Owners are pausing conversions and repurposing space as leases expire.
Office vacancy fell to 10.3% in the third quarter, down 3.1% from a year ago, while asking rent rose 1.7% to $22.28. Projections suggest the market could keep tightening, though the report does not quantify how far.
The players
Colliers
Colliers is a global commercial real estate services firm whose quarterly reports track office and industrial market conditions.
Fidelity
Fidelity Investments is a large Boston-based financial services firm that brought most New Hampshire staff back to full-time on-site work.
Brady Sullivan Properties
Brady Sullivan Properties is a New Hampshire real estate developer converting a former Liberty Mutual campus in Dover into a mixed-use village.
The details
Companies have moved from fully remote work to a hybrid model, with employees in the office two days and at home three. Fidelity moved most of its New Hampshire employees to full-time on-site work in September, and the state ranked fourth among top hybrid-posting states at 19% in early 2026. Two office projects that broke ground have stalled with frames up, and no major office projects are currently underway.
Timeline
First quarter of 2026: hybrid job postings in New Hampshire reached 19% of listings.
September 2026: Fidelity moved most New Hampshire employees to full-time on-site work.
Third quarter 2026: office vacancy fell to 10.3%.
Remote Work Shift
New Hampshire's 19% hybrid posting share, cited by Robert Half in early 2026, shows the state tracking the broader move from fully remote toward hybrid schedules. That shift is now visible in falling office vacancy and rising rents as employers bring staff back on-site part of the week.
Tenants in New Hampshire should expect continued upward pressure on office asking rents as vacancy stays tight. Employees returning to hybrid schedules may need to plan commutes around two on-site days per week.
The takeaway
Businesses planning office space should budget for rising rents and limited availability while hybrid work continues to take hold. Employees should factor in regular on-site days when choosing where to live.
Further reading
Explore more on Remote Work and how hybrid schedules are affecting New Hampshire's office market.
Source note: This article includes information reported by NH Business Review.
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