Norwood Office Space

Norwood

Market Report

Number of Listings
Posted in the last 90 days
1
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
10,720

Compared to the rest of the Gold Coast market, the Norwood region has less expensive rates, so you should have no trouble finding a great deal in this undervalued submarket.

Norwood Listing Supply

In the last 90 days, 74 listings have been made available, so you'll want to check back regularly for new listings. About 1% of the office spaces in the Norwood are subleases, so you will probably have to consider a longer term lease. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

Even though the median size is 10,720 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 5 floors. Most buildings in this region were built in 1973 and are Class B.

Norwood Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Information is the dominant industry in this area. Most of the folk of Norwood work from home. Commuting between 20 and 25 minutes a day is the norm for those who opt to reside in this part of town.

Market Data

Real time and historical data on commercial real estate listings in Norwood.
Research