Norwood Industrial


Office Space Market Report

Number of Listings (last 90 days)
Median Rate ($/sqft/yr)
Median Size (sqft)
As of: October 26, 2016

Norwood Rates

On average, listings lease in the $10's per square foot per year. The Norwood submarket is experiencing a a boost in rates. In the last 3 months, the median rate went up $2 per sqft per year. That's a 14% increase in rent.

Norwood Listing Supply

In the last 90 days, 4 listings have been listed, which means leases are probably leasing quickly. You'll want to be prepared to make an offer immediately. 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 8,930 sqft, there are still 0 spaces below 2,000 sqft. Most buildings in this area are approximately 2 floors. Most buildings in this market were built in 1990 and are Class A.

Norwood Community

Not much of the real estate is used for commercial space, so it might be hard to find office space. Professional services is the dominant industry in this region. Commute by car is the most popular way to get to work amongst Norwood folk. Commuting between 30 and 45 minutes a day is the norm for those who opt to reside in this part of town.

Market Report

Trends and status of the commercial real estate market in Norwood.
Market Report

Market Data

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

Norwood Submarkets