Norwood, MA Office Units for Lease
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Norwood, MA Office Units Lease Rates & Market Statistics
Explore 31 Office Units for lease in Norwood, MA on Realmo, a commercial real estate exchange covering the Norwood area. The current inventory totals 236,865 square feet of properties — an average of ~7,650 SF per listing.
Asking lease rates for Office Units in Norwood start at $8 SF/Yr, average $19.55 SF/Yr, and reach $36.75 SF/Yr at the top of the market. That's a 5x spread between entry-level and premium space, making side-by-side comparison of asking rents and lease terms essential. At $19.55 SF/Yr, the local average runs 28% below Massachusetts's state average of $27.18 SF/Yr.
Norwood accounts for 8% of the 399 office units currently available across Norfolk County, where nearby markets include Needham and Brookline. Office Units make up 72% of the 43 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 (13 listings) and Office buildings (7 listings) elsewhere in the Norwood market.