08/12/2025
From Office Floors to Front Doors: Worcester’s Apartment Surge
The conversion boom isn’t happening because downtown Worcester’s commercial real estate market is in trouble. Far from it. Worcester has a diversified economy with a growing office tenant base, including financial services, healthcare, education, life sciences, technology, and professional services. Class A office here is roughly 86% occupied—a vacancy rate of just 14%, compared to about 23% in Boston. And Worcester’s retail, hospitality, and cultural sectors are showing good momentum as well.
Office conversions are happening because multifamily demand in downtown Worcester has outpaced almost everything else.
https://kelleher-sadowsky.com/from-office-floors-to-front-doors-worcesters-apartment-surge/
