Outlying Worcester

Worcester - MA USA - Industrial Submarket

Industrial real estate intelligence for the Outlying Worcester submarket. 45.0M SF of inventory with 12.8% vacancy. Data sourced from various MLS platforms.

45.0MSF

Inventory

6.9MSF

Available

12.8%

Vacancy

15%

Availability Rate

$10.21

Asking Rent

4.1%

Rent Growth

-436,971SF

12mo Absorption

1.3MSF

Under Construction

Market Metrics

12mo Delivered

238K SF

Under Constr % of Inv

2.9%%

Sale Price/SF

$113

Cap Rate

7.9%%

12mo Sales Volume

$46,659,500

Sales Vol Growth

-75.6%

Asset Value

$5,248,660,517

Net Absorption

-436,971 SF

Recent DC Sales in Market

PropertyPriceSFBuyer
Buffalo I$26.0M204,600H5 Data Centers
Buffalo II$23.4M195,278H5 Data Centers
Building 8/ CAL-2$28.3M186,309GWL Realty Advisors
MKE1$9.5M28,500StratCap
Microsoft Quail Ridge Campus$73.8M204,014Amazon

Available DC Space in Market

PropertyAvail SFRentOwner
Valley Business Park11,799$22.00Morris & Ritchie Associates, Inc.
3410 Alta Ct150,000$7.50Tyler Marks
5568 Davison Rd26,500$8.15Gjh Acquisition Llc
Building B2,400$17.00217 Self-storage Llc
54320 Pine Rd20,408$7.50William E Korn

Data Centre Development Potential

High vacancy (12.8%) in Outlying Worcester may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 1.3M SF indicates developer confidence in the submarket. Negative absorption of 437K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.

Luke Tatman

Evaluating Outlying Worcester for Development?

Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.

Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.