Norwood, MA Flex Space for Lease
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Norwood, MA Flex space Lease Rates & Market Statistics
Explore 20 Flex space listings for lease in Norwood, MA on Realmo, a commercial real estate exchange covering the Norwood area. The current inventory totals 253,412 square feet of properties — an average of ~12,650 SF per listing.
Asking lease rates for Flex space in Norwood start at $10 SF/Yr, average $15 SF/Yr, and reach $20 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $15 SF/Yr, the local average runs 11% below Massachusetts's state average of $16.84 SF/Yr.
Norwood accounts for 15% of the 130 flex space listings currently available across Norfolk County, where nearby markets include Canton and Braintree. Flex space listings make up 83% of the 24 Industrial properties currently for lease in Norwood, with asking rates in line with the citywide Industrial properties average.