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Commercial Real Estate Markets in Central Massachusetts

Lornell Real Estate provides in-depth market intelligence across Central Massachusetts and New England. Explore commercial real estate opportunities, property tax comparisons, cap rates, employer data, and investment analysis for each of our coverage areas in Worcester County and beyond.

Central Massachusetts is one of New England's most dynamic commercial real estate markets. With Worcester as its anchor - the second-largest city in New England with 205,000+ residents - the region offers industrial, retail, office, and multifamily opportunities at significantly lower costs than Boston. Our team covers 8 submarkets across Worcester County and Rhode Island, providing local expertise backed by data-driven analysis.

Explore Our Markets

Spencer

Massachusetts

Spencer sits 20 minutes west of Worcester on Route 9, and it's the retail and service hub for the southern end of Worcester County. The town holds down the Route 9 corridor between Worcester and the Connecticut border, and it pulls in shoppers from Brookfield, East Brookfield, and North Brookfield.

11,9611 listing3 corridors

Southbridge

Massachusetts

Southbridge is the 116th largest community in Massachusetts, down in southern Worcester County along Route 131. It's a regional employment center, and the jobs are in healthcare, manufacturing, and retail.

17,8061 listing3 corridors

Leicester

Massachusetts

Leicester sits in Worcester County right on Route 9, about 5 miles west of Worcester. It takes in the villages of Cherry Valley, Rochdale, and Greenville, and you get a mix of residential neighborhoods and commercial corridors that feed the greater Worcester area.

11,0764 listings3 corridors

Worcester

Massachusetts

Worcester is the second-largest city in New England, with a population over 205,000. It sits where I-90, I-290, and I-190 meet, and it's the economic hub of Central Massachusetts. The economy here runs across healthcare, education, manufacturing, and professional services, so no single sector carries the whole town.

205,5016 listings4 corridors

Webster

Massachusetts

Webster sits in southern Worcester County, right on Webster Lake, which locals still call by its full name, Lake Chargoggagoggmanchauggagoggchaubunagungamaugg. The town has a deep Polish-American heritage and it's the retail hub for this corner of the county, pulling shoppers from both the Massachusetts and Connecticut sides of the line.

17,6742 listings3 corridors

Oxford

Massachusetts

Oxford sits in southern Worcester County, right along Route 12 and I-395. You get residential neighborhoods and commercial corridors both, tax rates that stay competitive, and easy access to the highway.

13,3491 listing3 corridors

Auburn

Massachusetts

Auburn sits right below Worcester in Worcester County, where several major highways come together. You've got residential neighborhoods on one side and a lot of industrial and commercial space on the other, which is why it's turned into a logistics and distribution hub.

16,8401 listing3 corridors

Burrillville

Rhode Island

Burrillville is a rural town in northwestern Rhode Island, right up against the Massachusetts and Connecticut lines. Land and labor run cheaper here than most places, and you're still within reach of both the Providence and Worcester markets, which is why I keep seeing industrial and distribution users look at it.

16,2431 listing3 corridors

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