Norwood Retail

Norwood

Office Space Market Report

Number of Listings (last 90 days)
6
Median Rate ($/sqft/yr)
$19
Median Size (sqft)
5,570
As of: December 2, 2016

Norwood Rates

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

Norwood Listing Supply

In the last 90 days, 6 listings have been posted online, which means spaces are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 17% of the listings in the Norwood are subleases, so you might be able to snag a great spot on a short term. 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 5,570 sqft, there are still 0 leases below 2,000 sqft. Most properties in this market are approximately 2 stories. 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