Newmarket / Parnell's tenant base is anchored by healthcare, professional services, creative agencies, retail hqs.

• Tier: prime.
• Tenant character: Inner-suburban professional services Class A.
• Average rent: NZ$380/sqm/yr · ≈ $20.8 PSF/yr USD.

TL;DR

• Tier: prime.
• Tenant character: Inner-suburban professional services Class A.
• Average rent: NZ$380/sqm/yr · ≈ $20.8 PSF/yr USD.

Who clusters here

Healthcare, professional services, creative agencies, retail HQs.

What that means for newcomers

Newcomers to Newmarket / Parnell should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

Frequently asked questions

What kind of tenants lease in Newmarket / Parnell?

Healthcare, professional services, creative agencies, retail HQs.

Related

• Newmarket / Parnell — submarket overview
• Auckland — full city profile
• Auckland submarkets — all
• Newmarket / Parnell — Rents
• Newmarket / Parnell — Transit
• Newmarket / Parnell — Amenity
• Newmarket / Parnell — Buildings

Editorial provenance

Reviewed by Class A Atlas Editorial Desk — House byline · global editorial team. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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