Commercial Real Estate Report - Worcester, MA [Office]

Property Type

View market and submarket information on Office space in Worcester, Massachusetts. Our detailed reports provide commercial real estate information like commercial property rates, commercial vacancy rates, asking rents, current inventory, lease terms, employment data and more in Worcester, Massachusetts.

Boundaries

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Recent Sales New Construction Highlight Submarkets

Latest Quarterly Reports (Q1 2013)

Recent Sales

Market Price Date
Non-CBD $50 - $74 Q2 2019
CBD $75 - $99 Q4 2018
CBD $75 - $99 Q4 2018
CBD $50 - $74 Q4 2018
Non-CBD $50 - $74 Q4 2018
Non-CBD $125 - $149 Q3 2018
CBD $25 - $49 Q3 2018
Non-CBD N/A Q1 2018
Non-CBD N/A Q1 2018
CBD $25 - $49 Q1 2018

Commercial Real Estate News

Change From Previous Quarter

Market Rent Vac Inv
Worcester -0.1% 10 bps 0.0%
United States 0.0% 0 bps -0.0%

Metro vs. US -0.1% 10 bps 0.0%

Metropolitan Office Rankings (Q1 2013)

Based on 190 U.S. Markets
Value:
110. Orange County, CA 17.7%
111. Minneapolis, MN 17.8%
112. College Station-Bryan, TX 17.9%
113. Columbus, OH 18.0%
114. Denver, CO 18.0%
115. Worcester, MA 18.0%
116. Springfield, MO 18.1%
117. Fort Collins, CO 18.2%
118. Oakland-East Bay, CA 18.3%
119. San Antonio, TX 18.4%
120. Chicago, IL 18.5%

Avg Annual Growth Rate ( - )

Market Rent Vac Inv

National Office Real Estate Trends

Vacancy Trends
Supply and Demand
Inventory Change
Inventory Change