Norwood, MA Office Units for Lease
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Similar Spaces for Sale in Norwood, MA
Norwood, MA Office Units Lease Rates & Market Statistics
Explore 22 Office Units for lease in Norwood, MA on Realmo, a commercial real estate exchange covering the Norwood area. The current inventory totals 105,143 square feet of properties — an average of ~4,800 SF per listing.
Asking lease rates for Office Units in Norwood start at $8 SF/Yr, average $16.53 SF/Yr, and reach $25.71 SF/Yr at the top of the market. That's a 3x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $16.53 SF/Yr, the local average runs 41% below Massachusetts's state average of $28.07 SF/Yr.
Norwood accounts for 7% of the 320 office units currently available across Norfolk County, where nearby markets include Stoughton and Needham. Office Units make up 71% of the 31 Office Spaces currently for lease in Norwood, with asking rates in line with the citywide Office Spaces average. Also worth a look for tenants weighing alternatives: Medical Office Space (6 listings) and Office buildings (6 listings) elsewhere in the Norwood market.