Frequently Asked Questions
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Asking prices vary based on the property location, rating, amenities such as proximity to restaurants, cafes, and entertainment venues, as well as convenience of access to public transport, airports, and thoroughfares.
The minimum rental rate for office space in Worcester is $15 per square foot. Among listings of office space currently available for lease in Worcester, the maximum rental rate is $23.5 per square foot.
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Most experts recommend an average of between 75 and 150 square feet of office space per person. However, it is important to keep in mind that how much office space you ultimately need depends on your activity and how you need to use the space, as much as it does on how many people it should accommodate. If you already know what size office would best suit your needs, use the available space size filter at the top of the search page to focus your search on the best fit for you.
You’ll find a home for almost any size of business in Worcester, as the local office market offers a wide range of options. Office spaces currently on the market go up to as much as 244,000 square feet in size for an individual listing.
However, there is a variety of differently sized opportunities below that maximum. For your consideration, the median size of an office space for lease in Worcester is 3,064 square feet, and the average office space size here is 8,326 square feet. -
You can find 79 office listing(s) for lease in Worcester, which add up to a total of 628,154 square feet. Availability on the market includes a variety of office use types, such as General Office, Medical Office, Flex - Office.
The most common office use type currently available for lease in Worcester is General Office, which is offered in 53 or 67.09% of listings. The second-most frequent office use type listed here is Medical Office, which account for 3 or 3.80% of office space currently available.
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You can search 2 office sublease listing(s) in Worcester, which amount to a total of 15,975 square feet. Sublease opportunities on the market include General Office, Medical Office, Flex - Office. The Worcester neighborhood or submarket with the most sublease listings available is Shrewsbury Street.
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The best choice of neighborhood for your office space will greatly depend on the elements that are most relevant to your business and your employees. However, a good criterion to start with is to look at the areas of the city that have the highest concentration of office properties, as these areas are generally well connected to transit options and have a good degree of amenity availability.
In Worcester, the greatest concentration of office space for lease opportunities is in Downtown Worcester, Indian Lake East, Elm Park.
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Each individual’s commuting experience will of course be different depending on a number of factors. Check the location description details for the office listings that catch your eye, to get an overview of walkability, access to public transport, the quality of infrastructure dedicated to biking commuters, as well as the proximity to parking facilities, fuel stations, and other essential amenities.
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The Worcester office market incorporates a mix of properties of various ages, ratings, construction grades, and other quality indicators. Roughly 59.49% of total office space listings in the city are in properties rated Class A. You will find the highest concentration of Class A office space in the Downtown Worcester neighborhood of Worcester. Class B office space accounts for 26.58% of spaces listed on the leasing market. The neighborhood with the most Class B office space is Downtown Worcester. Class C office space makes up 10.13% of office space available in Worcester.
Buildings completed in and since the year 2000 account for 3.33% of office properties in the city and incorporate a total of 55,545 square feet. About 6.67% of office space in Worcester is in buildings that have been renovated at least once since 2000.
Across the city, about 4% of office space is green, which amounts to 7,812,274 square feet.
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There are, of course, a lot of things to factor in when you are looking for office space. Aspects including the accessibility of the location, the quality of the facility, the size of the space, the convenience of nearby amenities, the type and duration of the lease, and of course the cost are all part of the search and decision process. For a quick checklist of what you should take into account when researching the market, consider these seven tips for choosing the best office location for your business. Alternatively, for a comprehensive take on everything to consider when looking for office space, see our in-depth guide to finding office space for small or growing companies. The guide also includes insights from seasoned professionals and can serve as a helpful resource for growing companies, no matter their current size.
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Are you looking to lease office space in the vicinity of your current location or in a particular neighborhood of Worcester? Using the interactive map, you can easily navigate to your preferred location and customize your search area around a specific point of interest. Select “Radius” from the Search Mode options menu, click on the map to set your search reference point, and expand the radius to select your desired search area. Browse available listings to find the best office space that meets your location, as well as other business needs.
