Most listings are in the $30's per square foot per year. The Providence submarket is experiencing a an increase in rates. In the last 3 months, the median rate increased $32 per sqft per year.
Compared to the rest of the Greater Boston market, the Providence submarket has more expensive rates, and you'll need to pay a premium to be in this hot region.
In the last 90 days, 21 listings have come on the market, which means new availabilities might be leasing quickly. You'll want to be prepared to make an offer immediately. About 181% of the office spaces in the 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 posted, so finding a space for a small business might be tough.
Even though the median size is 6,400 sqft, there are still 0 leases below 2,000 sqft. Most properties in this region are close to 2 floors. Most buildings in this market were built in 1930 and are Class B.