Most listings are in the $10's per square foot per year. The Providence region is experiencing a a rise in rates. In the last 3 months, the median rate increased $18 per sqft per year.
In the last 90 days, 15 listings have been made available, which means new listings are probably leasing quickly. You'll want to be prepared to make an offer immediately. About 7% of the available leases in the Providence are subleases, so you will probably need to consider the implications of signing a direct lease with the building. There aren't many listings below 2,000 square feet on the market, so finding a space for a small business might be tough.
Even though the median size is 2,650 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are around 2 floors.
Real time and historical data on commercial real estate listings in Providence.
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