Providence Office Space

Providence

Office Space Market Report

Number of Listings (last 90 days)
19
Median Rate ($/sqft/yr)
$30
Median Size (sqft)
1,890
As of: February 21, 2017

Providence Rates

Most listings are in the $20's per square foot per year. The Providence region is experiencing a a rise in rates. In the last 3 months, the median rate went up $4 per sqft per year. That's a 15% increase in rent.

Compared to the rest of the Greater Boston market, the Providence submarket has higher rates, and you'll need to make a great offer to be in this hot region.

Providence Listing Supply

In the last 90 days, 19 listings have been made available, which means leases most likley are going fast. You'll want to be prepared to tour spaces as quick as possible. There aren't many listings below 2,000 square feet posted, so finding a space for a small business might be tough.

The standard measurement for office space in this area is around 1,890 sqft. Most properties in this region are around 3 floors. Most buildings in this region were built in 1930 and are Class B.

Providence Community

Market Report

Trends and status of the commercial real estate market in Providence.
Market Report

Market Data

Real time and historical data on commercial real estate listings in Providence.
Research