Norwood Retail

Norwood

Office Space Market Report

Number of Listings (last 90 days)
21
Median Rate ($/sqft/yr)
$22
Median Size (sqft)
6,000
As of: June 25, 2017

Norwood Rates

The typical asking rate per listing is in the $20's per square foot per year. The Norwood region is seeing a a boost in rates. In the last 3 months, the median rate went up $22 per sqft per year.

Norwood Listing Supply

In the last 90 days, 21 listings have come on the market, which means leases are probably leasing quickly. You'll want to be prepared to tour spaces as quick as possible. About 57% of the available space in the Norwood are subleases, so you might be able to sign a shorter term by taking over a previous 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 6,000 sqft, there are still 0 new availabilities below 2,000 sqft. Most buildings in this market are close to 2 floors. Most buildings in this market were built in 1990 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