On average, listings lease in the $20's per square foot per year. The East Providence region is experiencing a decline in rates. In the last 3 months, the median rate fell $6 per sqft per year. That's a 20% decline in rent.
Compared to the rest of the Greater Boston market, the East Providence region has higher rates, and you'll need to make a great offer to be in this hot region.
In the last 90 days, 82 listings have come on the market, so you'll want to check back regularly for new listings. About 22% of the available space in the East Providence are subleases, so you might be able to snag a great spot on a short term. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
The standard measurement for office space in this area is around 2,500 sqft. Most properties in this area are approximately 1 floors. Most buildings in this market were built in 1960 and are Class B.
Real time and historical data on commercial real estate listings in East Providence.
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