Norwood Office Space

Norwood

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$17
Median Size (sqft)
5,660
As of: January 21, 2017

Norwood Rates

On average, listings lease in the $10's per square foot per year. The Norwood submarket is seeing a decline in rates. In the last 3 months, the median rate fell $2 per sqft per year. That's a 12% decline in rent.

Norwood Listing Supply

In the last 90 days, 19 listings have been made available, which means listings are probably going fast. You'll want to be prepared to tour spaces as quick as possible. About 5% of the office spaces in the Norwood are subleases, so you will probably have to focus your search on direct office leases. 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 5,660 sqft, there are still 0 spaces below 2,000 sqft. Most properties in this region are around 3 stories. Most buildings in this region were built in 1993 and are Class A.

Norwood Community

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

Norwood Submarkets