Average Rent for Office Space in Worcester, MA
Rents for offices in Worcester range between $17 and $24 per square foot, with the market-wide average currently at $20.42 per square foot according to the latest listing data.
Learn More About Office Spaces for Rent in Worcester, MA
The Worcester, MA market currently features 96 distinct office spaces available for lease, totaling approximately 792,679 square feet.
Local inventory includes subtypes such as General Office with 49 listings, as well as other property types such as Medical Office and Shared Space.
Available office spaces range from 298 square feet to 92,287 square feet, with an average size of 8,258 square feet, accommodating businesses across various growth stages and operational requirements.
Range
Total Square Feet
Share of Total Office
25k to 50k Sq. Ft.
862,689
10.39%
50k to 100k Sq. Ft.
2,192,154
26.41%
100k to 500k Sq. Ft.
3,928,812
47.33%
500k to 1M Sq. Ft.
1,316,411
15.86%
Of the office inventory in Worcester, 14 properties were constructed since 2000, typically offering up-to-date amenities.
An additional 16 buildings were developed between 1975 and 2000, while the remaining 50 date prior to 1975.
Worcester, MA Office Market Breakdown
The office market in Worcester, MA comprises 39 buildings totaling 8.3 million square feet.
Class A and A+ properties make up 56.18% of the office market in Worcester, while Class B properties total 24.72% of the market and Class C properties take up the remaining 19.1%.
Range
Total Square Feet
Share of Total Office
Class A
3,051,102
36.76%
Class B
4,571,428
55.08%
Class C
677,536
8.16%
The market offers substantial flexibility in space configuration, with spaces reaching up to 92,287 square feet and an average square footage of 8,258 across all spaces located here.
Best Neighborhoods for Office Space in Worcester, MA
Worcester’s neighborhood with the most office spaces is Downtown Worcester, offering 51 listings currently available.
The neighborhoods with the next largest offerings include Indian Lake East with 11 listings, as well as North Lincoln Street, which offers a total of 6 listings.
Neighborhood
No. of Listings
Total Sq. Ft.
Downtown Worcester
51
409,197
Indian Lake East
11
83,521
North Lincoln Street
6
75,847
Biotech Park Area
4
94,730
Lake Park
4
65,783
403 Belmont Street, Biotech Park Area, Worcester, MA