Norwood Office Space

Norwood

Office Space Market Report

Number of Listings (last 90 days)
15
Median Rate ($/sqft/yr)
$28
Median Size (sqft)
1,710
As of: July 19, 2017

Norwood Rates

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

Norwood Listing Supply

In the last 90 days, 15 listings have been posted online, which means spaces are probably going fast. 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.

The standard measurement for office space in this area is around 1,710 sqft. Most properties in this region are approximately 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 occupants 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 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.
Research