Norwood Commercial Real Estate

Norwood

Market Report

Number of Listings
Posted in the last 90 days
15
Median Rate ($/sqft/yr)
$18
Median Size (sqft)
5,000

Norwood Rates

The typical asking rate per listing is in the $10's per square foot per year. The Norwood region is going through a a boost in rates. In the last 3 months, the median rate went up $1 per sqft per year. That's a 8% increase in rent.

Norwood Listing Supply

In the last 90 days, 140 listings have come on the market, so you'll want to check back regularly for new listings. About 9% of the listings 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 available, so finding a space for a small business might be tough.

Even though the median size is 5,000 sqft, there are still 0 office spaces below 2,000 sqft. Most properties in this area are approximately 2 stories. Most buildings in this region were built in 1990 and are Class A.

Norwood Community

Market Data

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