Norwood Retail

Norwood

Office Space Market Report

Number of Listings (last 90 days)
21
As of: April 29, 2017

Norwood Rates

The typical asking rate per listing is in the $0's per square foot per year. The Norwood region is experiencing a decline in rates. In the last 3 months, the median rate fell $17 per sqft per year. That's a 100% decrease in rent.

Norwood Listing Supply

In the last 90 days, 21 listings have been made available, 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 on the market, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around  sqft. Most properties in this market are approximately 2 stories. Most buildings in this region 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 area. 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.
Research

Norwood Submarkets